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.

berrybiles
Returning Member

Is there a cap for the real estate tax deduction in Virginia if you itemize deductions?

 
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.

4 Replies

Is there a cap for the real estate tax deduction in Virginia if you itemize deductions?

As you can see the VA sch A follows the same limits as the federal form : 

https://www.tax.virginia.gov/sites/default/files/taxforms/individual-income-tax/2018/schedule-2018.p...

AnnetteB6
Expert Alumni

Is there a cap for the real estate tax deduction in Virginia if you itemize deductions?

No, for Virginia purposes, the $10,000 cap that is imposed on the Federal return does not apply for the 2019 tax year for taxes you paid.

 

 

@berrybiles

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Is there a cap for the real estate tax deduction in Virginia if you itemize deductions?

berrybiles
Returning Member

Is there a cap for the real estate tax deduction in Virginia if you itemize deductions?

I am not clear. If a married couple filing jointly paid real estate tax in Virginia that was more than $10,000, for example18,000 and we use itemized deduction, the the standard federal deduction, we could deduct the full $18,000? 

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