I live in California and own a house. I paid 13,500 in Mortgage interest. I know I can only deduct 10,000 federally. Can I deduct the difference on my state return?
03271
3 Replies
Critter
Level 15
Jan 23, 2020 6:15:51 PM
You are confused ... the mortgage interest is NOT limited by the SALT act ... the total of the State income taxes + RE taxes + personal property taxes cannot exceed $10K.
cab8282
New Member
Jan 23, 2020 6:22:40 PM
Thank you. my question is can i deduct the difference on my state return?
Critter
Level 15
Jan 23, 2020 7:00:06 PM
California does not allow a deduction of state and local income taxes on your state return.