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For 2020, what is the property tax deduction limit

For a main personal residence, one form says  the property tax deduction limit is $10,000 and one form says $8600... which one is correct?

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3 Replies

For 2020, what is the property tax deduction limit

Under the new tax law, the SALT deduction is capped at $10,000

State, local, property, and sales tax (SALT) deduction

For 2020, what is the property tax deduction limit

There is a max 10,000 limit of State, local, property, and sales tax (SALT) deduction.  

For 2020, what is the property tax deduction limit

Thanks... now I get that it's a combination of all those taxes. (Really screws people in high property tax states.)

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