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New Member
posted Jun 6, 2019 12:43:52 AM

On my deductions and credits, the refund amount does not chage for my property tax deduction. It stays the same whether I enter 3000 or 10,000. Why?

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1 Best answer
Level 15
Jun 6, 2019 12:43:53 AM

With the new tax law, State and Local Taxes are limited to $10,000 deduction.

I am assuming you already have that amount with the State income taxes withheld from the W-2's, vehicle registration fees, and other local taxes already.

If this is not the reason, then you cannot exceed the new higher standard deduction amount which is $24,000 for a married couple under age 66.

Please see below and click on the SALT deduction and the standard deduction to see these changes that are impacting your return for 2018.

https://ttlc.intuit.com/replies/6971774



1 Replies
Level 15
Jun 6, 2019 12:43:53 AM

With the new tax law, State and Local Taxes are limited to $10,000 deduction.

I am assuming you already have that amount with the State income taxes withheld from the W-2's, vehicle registration fees, and other local taxes already.

If this is not the reason, then you cannot exceed the new higher standard deduction amount which is $24,000 for a married couple under age 66.

Please see below and click on the SALT deduction and the standard deduction to see these changes that are impacting your return for 2018.

https://ttlc.intuit.com/replies/6971774