topic My itemized deductions total$49831 yet TTax says, on the page headed "the standard deduction is right for you, that our itemized deductions are only 17196. Why? in Deductions & credits

My itemized deductions total$49831 yet TTax says, on the page headed "the standard deduction is right for you, that our itemized deductions are only 17196. Why?

1exsooner — Sat, 01 Jun 2019 19:58:05 GMT

1) State&Local Income taxes + Property taxes are limited...

SteamTrain — Sat, 01 Jun 2019 19:58:06 GMT

1)  State&Local Income taxes + Property taxes are limited to $10,000  ..so reduce that part.
2)  Medical deductions are limited to only the out-of-pocket that exceeds 7.5% of your AGI....so reduce that.
3)   No un-reinbursed Employee expenses anymore if you are trying that....thsoe don't count at all.

Now see how close it is.

IF using Desktop software, you can force-up the Schedule A in Forms Mode and see what is actually on your Schedule A....and that could clear it up.

There are limits on deductions. For example SALT (State a...

Carl — Sat, 01 Jun 2019 19:58:07 GMT

There are limits on deductions. For example SALT (State and Local Taxes) are limited to a total of $10K for the year.