While doing my taxes, I have $8,072 in property taxes and my federal amount says I've maxed out my SALT. I've changed this amount to a smaller number and the software still tells me I've maxed out my SALT. I know I am itemizing so changing the value of my SALT should impact my federal return as it does for my state return.
You have other taxes. There is a max 10,000 limit (5,000 MFS) of property tax and state taxes "SALT". SALT is State And Local Tax. Which includes property tax, any state tax paid like for last year’s return and includes any state withholding from your W2s and any 1099s you have. And any taxes in W2 box 14 and 19 like SDI or VDI. You can only deduct up to 10,000 (5,000 MFS) for SALT State and Local Taxes.
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