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4my2025
Returning Member

SALT error?

I’m married filing jointly in CA and itemizing. I think TurboTax is undercounting our SALT deduction. Our AGI is above 500,000 but my calculations show we should still get about 32000 as a SALT deduction and on Schedule A, it looks closer to 19000. Is there a known glitch? How can I verify that this is being credited correctly?

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1 Reply
dmertz
Level 15

SALT error?

When married filing jointly, TurboTax subtracts from the SALT deduction $0.30 for each dollar between $500,000 and $600,000 of MAGI.   A SALT deduction of $19,000 implies a MAGI of $570,000.  A SALT deduction of $32,000 would mean a MAGI of about $526,667.  MAGI for this purpose is AGI plus excluded foreign income and excluded income from Puerto Rico and American Samoa.

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