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Level 1
June 1, 2019
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Does mortgage intereset count towards the $10K state amd local taxes limit? I only paid 7K in local taxes but I paid $10,100 in interest yet it says I reached limit.

  • June 1, 2019
  • 1 reply
  • 12 views
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Best answer by xmasbaby0

The $10,000 limit includes property taxes, state taxes, local taxes, and sales tax.

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


1 reply

xmasbaby0Level 15Answer
Level 15
June 1, 2019

The $10,000 limit includes property taxes, state taxes, local taxes, and sales tax.

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


**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**