You'll need to sign in or create an account to connect with an expert.
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.
Thank you. my question is can i deduct the difference on my state return?
California does not allow a deduction of state and local income taxes on your state return.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jparens
Level 1
yanks772
Returning Member
cashrn-gmail-com
New Member
grovernitin
New Member
boehmej2006
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.