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Level 1
June 1, 2019
Solved

On the Tax History Report, what is "Tax expense" on the fifth line?

  • June 1, 2019
  • 1 reply
  • 20 views
No text available
Best answer by SteamTrain

I wondered to….turns out it is line 7 of the Schedule A.

….or, total state an local income taxes paid during 2018 (or sales taxes for a state without an income tax), plus Property taxes, plus Personal Property taxes ...up to the max of $10,000 for 2018, but no limit in the earlier years.

1 reply

SteamTrain
Level 15
June 1, 2019

I wondered to….turns out it is line 7 of the Schedule A.

….or, total state an local income taxes paid during 2018 (or sales taxes for a state without an income tax), plus Property taxes, plus Personal Property taxes ...up to the max of $10,000 for 2018, but no limit in the earlier years.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
Level 2
February 14, 2021

Thank You - I couldn't figure it out!