Is there a maximum total dollar amount you can itemize? I heard you cannot deduct more then $10,000 in total.

wvanderhoef1 — Sat, 01 Jun 2019 07:38:19 GMT

There is no max for the total deductions. But there is a...

VolvoGirl — Sat, 01 Jun 2019 07:38:21 GMT

There is no max for the total deductions. But there is a 10,000 max on SALT. SALT is State And Local Tax. Which includes property tax, any state tax paid like for last year’s return and includes any state withholding from your W2s and any 1099s you have. You can only deduct up to 10,000 (5,000 MFS) for SALT State and Local Taxes.

And This year the Standard Deduction will be doubling so many people will be switching to the Standard Deduction.

FAQ on 2018 changes https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return

For 2018 the standard deduction amounts are:
Single 12,000 + 1,600 for 65 and over or blind
HOH 18,000 + 1,600 for 65 and over or blind
Joint 24,000+ 1,300 for each 65 and over or blind
Married filing Separate 12,000 + 1,300 for 65 and over or blind

topic Is there a maximum total dollar amount you can itemize? I heard you cannot deduct more then $10,000 in total. in Get your taxes done using TurboTax

Is there a maximum total dollar amount you can itemize? I heard you cannot deduct more then $10,000 in total.

There is no max for the total deductions. But there is a...