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TurboTax WI itemized deduction credit appears to have an error in the calculation. Uses the 10% Fed AGI limit rather than 7.5% See smart worksheet Line 4 for 2017 Med.
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June 6, 2019
10:20 AM
last updated
June 06, 2019
10:20 AM
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TurboTax WI itemized deduction credit appears to have an error in the calculation. Uses the 10% Fed AGI limit rather than 7.5% See smart worksheet Line 4 for 2017 Med.
While the federal itemized deduction floor for the medical expense deduction is currently 7.5%, the floor for Wisconsin itemized deductions is 10%. Please see “Medical Expense Itemized Deduction Floor” on page 13 of Instructions for Completing Wisconsin Schedule I – 2017, revised February 16th, 2018.
June 6, 2019
10:20 AM
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