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Schedule A with over $33K worth of deductions which should transfer to line 12 on the Form 1040 but the Standard Deduction of $27,700 is locked in.

 
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1 Reply
RobertB4444
Expert Alumni

Schedule A with over $33K worth of deductions which should transfer to line 12 on the Form 1040 but the Standard Deduction of $27,700 is locked in.

Are you calculating the limitation on state and property taxes (which are limited to $10,000) as well as the deductible portion of medical expenses vs the nondeductible portion (only medical deductions over 7.5% of your adjusted gross income are deductible)?

 

@jaw1776-aol-com 

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