2915790
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

ckl9988
Returning Member

2022 itemizing deductions

Hi,

 

I would like to itemize my deductions since it is higher than the standard deduction.  Turbo tax Premier doesn't seem to have that option.  I'm in CA so my mortgage interest/ taxes is higher than the standard deduction.  This is for mortgage debt prior to 2017.

How do we change this?

 

Thank you!

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.

3 Replies
CatinaT1
Expert Alumni

2022 itemizing deductions

I would double-check that you didn't select incorrectly when TurboTax recommended which deduction to take. 

  

To check this, follow these instructions: 

  1. Click on "Federal" under TAXES  
  2. Click on "Deductions & Credits"  
  3. Scroll to the bottom of the page and click on "Wrap up tax breaks"  
  4. You will see "Based on what you just told us, the Standard Deduction is best for you" or "Based on what you just told us, Itemized Deductions are best for you" 
  5. You have the option here to keep the recommendation or change your deduction.  
  6. At the bottom of the page, click on "Change my deduction"  
  7. Select/click on either Standard Deduction or Itemized Deduction, and then click on Continue 

Also, be aware, The Tax Cuts and Jobs Act did implement a $10,000 limit on State and Local Income Tax for a married couple.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
ckl9988
Returning Member

2022 itemizing deductions

Thanks.  

 

I'm in CA and I can deduct all my property taxes but the software is capping it at 10K.  Is there a work around?

Vanessa A
Expert Alumni

2022 itemizing deductions

For your federal taxes, the IRS has not allowed any special treatment of property taxes.  You are still limited to the 10k SALT limit. 

 

CA has tried to do a work around  with AB150 which will mostly apply to businesses. The workaround, allows pass through entities to pay taxes at the business level instead of at the personal level so the business can deduct the full amount instead of being limited to what the individual is limited to on their federal return. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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