topic Itemized deduction is much lower than last year. i also had a -13k for "states and local taxes greater than 10000. in Get your taxes done using TurboTax

Itemized deduction is much lower than last year. i also had a -13k for "states and local taxes greater than 10000.

leng647 — Sat, 01 Jun 2019 18:13:39 GMT

i don't understand why -13k is taken away from my deduction. i already lost 16k for personal exemptions and didn't gain any other deductions that can help me. please advice.

That's the new tax reform law - it took away many itemize...

robtm — Sat, 01 Jun 2019 18:13:40 GMT

That's the new tax reform law - it took away many itemized deductions, exemptions and limited state tax deductions to 10,000. however the standard deduction allowed was doubled.

The $10k limit applies to State/Local/Sales/Property taxe...

SweetieJean — Sat, 01 Jun 2019 18:13:43 GMT

The $10k limit applies to State/Local/Sales/Property taxes combined. There are also new limits on Mortgage interest.