topic Got it. Thanks. in After you file

Are state and local taxes still deductible from federal taxes?

djlingua — Sat, 01 Jun 2019 20:03:29 GMT

Yes - state and local taxes are still deductible on your...

IreneS — Sat, 01 Jun 2019 20:03:30 GMT

Yes - state and local taxes are still deductible on your return. However, because of the new tax law, they are limited to $10,000 (the SALT limitation).

10,000 being the ceiling on taxes paid or on income?

djlingua — Sat, 01 Jun 2019 20:03:35 GMT

10,000 being the ceiling on taxes paid or on income?

On the taxes paid that you can deduct. It has nothing to...

IreneS — Sat, 01 Jun 2019 20:03:35 GMT

On the taxes paid that you can deduct. It has nothing to do with income. If you paid state and local taxes of $12,000 in 2018, TurboTax will limit that to a deduction of $10,000 because of the new tax law.

Got it. Thanks.

djlingua — Sat, 01 Jun 2019 20:03:37 GMT

Got it. Thanks.