Deductions show as 0's on deductions and credit summary, even though they exceed $24,000 standard deduction. Help

[dgorzynski]

I have total itemized deductions of $26,400, but summary screen for Deductions and Credits shows zeros and uses the standard deduction. State tax was reduced because it was greater than $10,000. So $26,400 is net of that. Screen shots attached

[VolvoGirl]

Yes.  You are probably being limited by SALT.  SALT is State And Local Tax.  Which includes property tax, any state tax paid like for last year’s return and includes any state withholding from your W2s and any 1099s you have.  And any taxes in W2 box 14 and 19 like SDI or VDI.  You can only deduct up to 10,000 (5,000 MFS) for SALT State and Local Taxes.

See at the bottom the negative amount for taxes?  So the amount over 10,000 shows up as a negative number.  It doesn’t mean anything and doesn’t go anywhere.  Just for your info to let you know how much you can’t deduct this year.

And Deductions for job expenses have been suspended with the new tax act.  See Deductions that have been suspended for 2018
https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...

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

[VolvoGirl]

But If it's giving you the Standard Deduction and  not showing you Schedule A you can check it 4 ways.

1 You can switch to Forms Mode and open A from the top of the left column Open Form and pick schedule A out of the list on the right side.

2 The easiest way is to go up to Show Topic List on the top bar and scroll down the list to
Standard Deduction vs Itemized Deductions
That takes you directly to the
The Standard [or Itemized] Deduction is Right for You screen

3 You can check the actual amount of itemized deductions by going up to Search and type in
itemized deductions, choosing
Then click on Jump to itemized deductions
Click on "Change my deduction.

4 OR go up to Federal (Personal for H&B)
Deductions and Credits
Click on Done with Deductions at bottom
Continue on though 3 screens and you will get to the Standard Deduction is right for You screen

That will display the actual amount of itemized deductions vs. the standard deduction.    (Be sure to uncheck "Change my deduction" after checking it so you do not lock in the wrong deduction.

See my screen shots on this one
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/4727654-there-is-no-change-my-deduction-box-on-the-2018-deductions...>

How to change between the Standard Deduction and Itemized Deductions
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1900142-how-do-i-change-from-the-standard-deduction-to-itemized-or...>