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lghowarah
New Member

If I include my State Tax withholding my total Deduction on Schedule A exceed $24,000, but Turbo Tax is only giving me $24,000. Why??

My total Schedule A deductions is around $30,000, but Turbo Tax is only allowing me the Standard amount of $24,000.  I don't understand why I am limited?

Thanks,

Lou H

1 Best answer

Accepted Solutions
VolvoGirl
Level 15

If I include my State Tax withholding my total Deduction on Schedule A exceed $24,000, but Turbo Tax is only giving me $24,000. Why??

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5 Replies
DoninGA
Level 15

If I include my State Tax withholding my total Deduction on Schedule A exceed $24,000, but Turbo Tax is only giving me $24,000. Why??

What is shown on Schedule A Line 17 for total itemized deduction?
lghowarah
New Member

If I include my State Tax withholding my total Deduction on Schedule A exceed $24,000, but Turbo Tax is only giving me $24,000. Why??

Since it gave me the $24,000 Std Deduction, it did not create a Schedule A. What should I be looking at?
VolvoGirl
Level 15

If I include my State Tax withholding my total Deduction on Schedule A exceed $24,000, but Turbo Tax is only giving me $24,000. Why??

BUT there is a max 10,000 limit (5,000 MFS) of property tax and state taxes "SALT".  And you can only deduct Medical that’s over 7.5% of your AGI.

FAQ on 2018 changes <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return">htt...>
lghowarah
New Member

If I include my State Tax withholding my total Deduction on Schedule A exceed $24,000, but Turbo Tax is only giving me $24,000. Why??

Thanks - that answers my question.
VolvoGirl
Level 15

If I include my State Tax withholding my total Deduction on Schedule A exceed $24,000, but Turbo Tax is only giving me $24,000. Why??

Solved in comments 

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