650445
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Deductions state taxes

itemized deductions, "state and local taxes >$10K" showed reduced deductions of $4.5 K. What caused this? No item like this last year

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Deductions state taxes

It's part of the new tax law. The combined Federal deduction for State/Local/Sales/Property taxes is limited to $10,000.

View solution in original post

2 Replies

Deductions state taxes

It's part of the new tax law. The combined Federal deduction for State/Local/Sales/Property taxes is limited to $10,000.

Deductions state taxes

I see. the 3 items in the table above this (property tax, sales tax, vehicle registration) were 1st included in the itemized deductions and then the amount above $10K was removed on this line.
thank you

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question