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.

I cannot figure out why my total payments and deductions are not included on my 1040 Schedule A on line 5 a. It only shows 80% of the amount I paid and had deducted.

Has the tax law changed on NM State tax payments to be deductible?

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.

1 Best answer

Accepted Solutions
JulieR
Expert Alumni

I cannot figure out why my total payments and deductions are not included on my 1040 Schedule A on line 5 a. It only shows 80% of the amount I paid and had deducted.

State taxes are still deductible, however, due to Tax Reform, your itemized deduction for taxes is limited to a total of $10,000.  You did not provide the details of your return, but this may explain why you are seeing an amount lesser than what you entered.    

View solution in original post

5 Replies
JulieR
Expert Alumni

I cannot figure out why my total payments and deductions are not included on my 1040 Schedule A on line 5 a. It only shows 80% of the amount I paid and had deducted.

State taxes are still deductible, however, due to Tax Reform, your itemized deduction for taxes is limited to a total of $10,000.  You did not provide the details of your return, but this may explain why you are seeing an amount lesser than what you entered.    

I cannot figure out why my total payments and deductions are not included on my 1040 Schedule A on line 5 a. It only shows 80% of the amount I paid and had deducted.

The $10,000 tax limit has not been reached.  My total tax deductions are only $7,228.

I cannot figure out why my total payments and deductions are not included on my 1040 Schedule A on line 5 a. It only shows 80% of the amount I paid and had deducted.

My total tax deduction is $7,228.  The $10,000 tax limit has not been reached.
JulieR
Expert Alumni

I cannot figure out why my total payments and deductions are not included on my 1040 Schedule A on line 5 a. It only shows 80% of the amount I paid and had deducted.

In that case, my best advise would be to go back through the Deductions & Credits section of the return and review your entries for accuracy.
JulieR
Expert Alumni

I cannot figure out why my total payments and deductions are not included on my 1040 Schedule A on line 5 a. It only shows 80% of the amount I paid and had deducted.

Also add up all the state withholding reported on your W-2, Forms 1099, etc to make sure that information was also accurately entered.

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