jelo56
New Member

Retirement tax questions

Thank you for your response.  Does TT produce a sheet that demonstrates that the prior year's refund is non-taxable?

 

I'm sorry but I am little confused by your wording, "If your tax without the refund would still have been high enough....."  My total state and local taxes together were over $37K ~ $19K state income taxes and $17K+ in real estate taxes.  I understand that this was capped at $10K.  In effect, I lost the deductibility of $27K+

 

Thank you.