HelenaC
New Member

Investors & landlords

It depends if Tax Reform gets passed by Congress.The bill limits the amount of state and local property, income, and sales taxes that can be deducted to $10,000. In the past, these taxes have generally been fully tax deductible. 

For additional information about the Tax Reform bill, click on 2017 Tax Reform Legislation: What You Should Know - TurboTax - Intuit  https://turbotax.intuit.com/tax-tips/irs-tax-return/2017-tax-reform-legislation-what-you-should-know...

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