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Hello we input mortgage interest, property tax, donation...but deduction does not reduce any amount. what is the problems?

input all deduction amount(like mortgage interest, property tax, donation... ) but is does not change tax due amount.

please let me know. 

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DanaB
Expert Alumni

Hello we input mortgage interest, property tax, donation...but deduction does not reduce any amount. what is the problems?

Please be aware that due to the tax law changes the Standard Deduction increased quite a bit and the State, local and property taxes deduction is capped at $10,000. It might be that you did not have enough to itemize to be over the Standard Deduction amount. Therefore the tax due amount did not change. You can look on Schedule A how much your Itemized Deduction was.

Standard Deduction 2018:

  • Single - $12,000 add $1,600 if age 65 or older
  • Married Filing Separately - $12,000 add $1,300 if age 65 or older
  • Married Filing Jointly - $24,000 add $1,300 for each spouse age 65 or older
  • Head of Household - $18,000 add $1,600 if age 65 or older

Possible itemized deductions are:

  • Medical and dental costs above and beyond 7.5% of your AGI 
  • State, local, real estate, and personal property taxes (capped at $10,000)
  • Home mortgage interest
  • Charitable donations and gifts.
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