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jgraen
New Member

I show over $44,000 on my deductions and credits. You say I only have $12,000 something. Will someone to go over the deductions and credits with me individually?

My deductions/credits are:

Mortgage Interest            $11,739

Property Taxes                     $4,303

Donations to Charity          $7,448

Car Registration Fees             $187

Medical Expenses             $13,787

Other Income Taxes           $6,615

Job Related Expenses            $848

Tax Preparation Fees               $65

Legal Fees                                  $273

                                                 $45,265


4 Replies
SweetieJean
Level 15

I show over $44,000 on my deductions and credits. You say I only have $12,000 something. Will someone to go over the deductions and credits with me individually?

Other income taxes might include Soc Sec and Medicare taxes. Those are not deductible.
VolvoGirl
Level 15

I show over $44,000 on my deductions and credits. You say I only have $12,000 something. Will someone to go over the deductions and credits with me individually?

Some of your deductions are limited.  This year deductions are changing and several will be limited.  There is a max 10,000 limit of State, local, property, and sales tax (SALT) deduction.  And employee job expenses have been suspended.  You can only deduct Medical/Dental that's over 7.5% of your AGI.

FAQ on 2018 changes https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return

Deductions that have been suspended for 2018
https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...

Are you using the Desktop program?  If it's giving you the Standard Deduction and  not showing you Schedule A there are 2 ways to check.

You can switch to Forms Mode and open A from the top of the left column Open Form and pick schedule A out of the list on the right side.

You can check the actual amount of itemized deductions by using the Search Topics for "itemized deductions, choosing".  Click on "Change my deduction". That will display the actual amount of itemized deductions vs. the standard deduction.    (Be sure to uncheck "Change my deduction" after checking it so you do not lock in the wrong deduction.

How to change between the Standard Deduction and Itemized Deductions
https://ttlc.intuit.com/questions/1900142-how-do-i-change-from-the-standard-deduction-to-itemized-or...

SweetieJean
Level 15

I show over $44,000 on my deductions and credits. You say I only have $12,000 something. Will someone to go over the deductions and credits with me individually?

Be sure to indicate that the mortgage was secured by the property.
jgraen
New Member

I show over $44,000 on my deductions and credits. You say I only have $12,000 something. Will someone to go over the deductions and credits with me individually?

the mortgage was secured by the property
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