For 2020, what is the property tax deduction limit

For a main personal residence, one form says the property tax deduction limit is $10,000 and one form says $8600... which one is correct?

721

Level 15

Feb 13, 2021 4:09:44 PM

Under the new tax law, the SALT deduction is capped at $10,000

State, local, property, and sales tax (SALT) deduction

Level 15

Feb 13, 2021 4:09:49 PM

There is a max 10,000 limit of State, local, property, and sales tax (SALT) deduction.

Level 2

Feb 13, 2021 4:13:53 PM

Thanks... now I get that it's a combination of all those taxes. (Really screws people in high property tax states.)