Schedule A Line 5e 2025

[Al2531]

2025 Premier Schedule A Line 5e does not return a $10,000 value; when Line 5d is greater than$10000. It returns the larger than $10,000 value. the logic limitation statement does not appear to be working according to the forms text. What is the correct answer?

[rjs · Accepted solution]

The new tax law increased the limit for state and local taxes to $40,000. The text on the form may not have been updated yet. It should say "Enter the smaller of line 5d or $40,000 ($20,000 if married filing separately)." The IRS has not yet published the final Schedule A form for 2025.