Why would "State and Local Income or Sales Taxes" be almost 1/2 of 2017?
Please be aware that the State, local, property, and sales tax (SALT) deduction is capped at $10,000 ($5,000 if married filing separately) because of the tax reform.
Why would "State and Local Income or Sales Taxes" be almost 1/2 of 2017?
Please be aware that the State, local, property, and sales tax (SALT) deduction is capped at $10,000 ($5,000 if married filing separately) because of the tax reform.