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Level 1
June 5, 2019
Question

Why would my deduction have gone down from 33,556 in 2017 to 18k in 2018? I understand 18K is the min for HOH, but nothing has changed that drastically.

  • June 5, 2019
  • 2 replies
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2 replies

Level 13
June 5, 2019
Did you have a lot of employee business expenses last year?
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Alumni - Champ
June 5, 2019

The deduction for State/Local/Sales/Property tax is now capped at $10,000 total.

If you claim Mortgage Interest, be sure to say that the mortgage is secured by the property.