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January 31, 2025
Question

federal I took standard deduction, new york state shows itemized a whopping $1,094,000 itemized deduction, it should have carried over standard from federal?

  • January 31, 2025
  • 1 reply
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    1 reply

    AmyC
    Employee
    February 8, 2025

    The federal and NY are pretty similar. The federal limits state and local tax paid to $10,000 while NY does not have a limit. Employee expenses are another difference. My bet would be a typo in the state and local tax section. Like property tax $1,000,000+.

    Check your entries in those 2 areas to find the difference.

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