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tjblanch5
Returning Member

Can someone please explain this, IRS limits sum of sales tax + property tax for married filing jointly to $10K, but my Deduction wksht shows ($5,645 +$5,505) = $11,150?

 
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skipalex1
New Member

Can someone please explain this, IRS limits sum of sales tax + property tax for married filing jointly to $10K, but my Deduction wksht shows ($5,645 +$5,505) = $11,150?

the worksheet is showing the total you paid, but under 2018 tax law the deduction is a maximum of $10,000.

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1 Reply
skipalex1
New Member

Can someone please explain this, IRS limits sum of sales tax + property tax for married filing jointly to $10K, but my Deduction wksht shows ($5,645 +$5,505) = $11,150?

the worksheet is showing the total you paid, but under 2018 tax law the deduction is a maximum of $10,000.
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