turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

izic9927
Returning Member

Whay i am getting negative amount at state and local taxes greater tahn $10000 dedution

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Whay i am getting negative amount at state and local taxes greater tahn $10000 dedution

Its the amount of your disallowed state and local income and property taxes.  Due to tax reform, there is a $10,000 maximum on the total amount of both of these deductions combined.  TurboTax is showing you the amount you are not able to claim with that negative number.  It's only for your reference - it doesn't get factored into the return.

View solution in original post

1 Reply

Whay i am getting negative amount at state and local taxes greater tahn $10000 dedution

Its the amount of your disallowed state and local income and property taxes.  Due to tax reform, there is a $10,000 maximum on the total amount of both of these deductions combined.  TurboTax is showing you the amount you are not able to claim with that negative number.  It's only for your reference - it doesn't get factored into the return.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies