Why aren't my property taxes deductible?

barbholdsworth · ‎June 1, 2019

Last year $13K property tax was deductible ..this year $0 ...why?

Ashby · ‎June 1, 2019

Because of tax reform passed last year, your state and local taxes (SALT) deduction is capped at $10k.

This deduction includes your income tax that you pay to the state, personal property taxes, and real estate taxes.

I understand that you are saying $0 is being deducted. This could be that the program is choosing the standard deduction for you. Also because of tax reform, the standard deduction for married filing jointly has nearly doubled to $24k.

View solution in original post

Ashby · ‎June 1, 2019

Because of tax reform passed last year, your state and local taxes (SALT) deduction is capped at $10k.

This deduction includes your income tax that you pay to the state, personal property taxes, and real estate taxes.

I understand that you are saying $0 is being deducted. This could be that the program is choosing the standard deduction for you. Also because of tax reform, the standard deduction for married filing jointly has nearly doubled to $24k.

Why aren't my property taxes deductible?