topic Re: Turbo tax is capping my federal itemized deduction for mortgage tax at $10K - is that a mistake in their software? in Deductions & credits

Turbo tax is capping my federal itemized deduction for mortgage tax at $10K - is that a mistake in their software?

mahmoud-abdelmageed — Wed, 04 Feb 2026 07:50:23 GMT

Re: Turbo tax is capping my federal itemized deduction for mortgage tax at $10K - is that a mistake in their software?

Bsch4477 — Sat, 27 Sep 2025 18:13:10 GMT

Look again. It should be limiting you to SALT items.

You can deduct a combination of the following taxes, up to the annual limit:

State and local income taxes or general sales taxes (you can choose one, but not both)
State and local real estate taxes
State and local personal property taxes

Re: Turbo tax is capping my federal itemized deduction for mortgage tax at $10K - is that a mistake in their software?

VolvoGirl — Sat, 27 Sep 2025 18:18:53 GMT

The SALT $10,000 max deduction doesn’t go up to 40,000 until we file our 2025 returns next year.

Re: Turbo tax is capping my federal itemized deduction for mortgage tax at $10K - is that a mistake in their software?

AmeliesUncle — Sun, 28 Sep 2025 02:24:53 GMT

Mortgages don't have tax. Are you asking about the real estate tax on your home?

As the others noted, there is a limit to the deduction of real estate tax. However, if your situation is such that you are subject to such limitations, in most cases, you REALLY should be consulting with a tax professional. In my opinion, if your income or assets are that high, using Do-It-Yourself software such as TurboTax is a foolish thing to do and you really should be consulting an actual person that can give you specific advice about your specific situation.

Re: Turbo tax is capping my federal itemized deduction for mortgage tax at $10K - is that a mistake in their software?

xmasbaby0 — Sat, 27 Sep 2025 22:08:40 GMT

You may be confused about the newly passed tax law changes. The state and local tax deduction (SALT) is still capped at $10K for 2024 tax returns. For next year when you prepare a 2025 return to file in early 2026, the SALT limit goes up to $40K.