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Can someone please explain this, IRS limits sum of sales tax + property tax for married filing jointly to $10K, but my Deduction wksht shows ($5,645 +$5,505) = $11,150?
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posted
June 1, 2019
7:57 PM
last updated
June 01, 2019
7:57 PM
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Can someone please explain this, IRS limits sum of sales tax + property tax for married filing jointly to $10K, but my Deduction wksht shows ($5,645 +$5,505) = $11,150?
the worksheet is showing the total you paid, but under 2018 tax law the deduction is a maximum of $10,000.
June 1, 2019
7:57 PM
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Can someone please explain this, IRS limits sum of sales tax + property tax for married filing jointly to $10K, but my Deduction wksht shows ($5,645 +$5,505) = $11,150?
the worksheet is showing the total you paid, but under 2018 tax law the deduction is a maximum of $10,000.
June 1, 2019
7:57 PM
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