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Level 1
March 29, 2022
Question

Deductions

  • March 29, 2022
  • 2 replies
  • 8 views

I'm Married filing jointly. Turbo tax is telling me the I've maximized my deduction at $10,000. I thought the max deduction for a married couple was $25,100. Please advise

    2 replies

    Level 10
    March 29, 2022

    I believe this is in reference to your home mortgage deduction, not total dedutions.

    Carl
    Level 11
    Level 11
    March 29, 2022

    It sounds like you may be confusing the standard deduction of $25,100 for a married couple filing joint, with the State and Local Taxes (SALT) imtemized deduction limit on the SCH A. You are limited to deducting a maximum of $10,000 that you may pay in state and other local taxes.