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February 17, 2020
Question

Why did my homestead property tax credit get reduced or disallowed?

  • February 17, 2020
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February 17, 2020

The Tax Cuts and Jobs Act of 2017 put a cap on the deductibility of property tax.

 

Here is a TurboTax Help Article that provides more detail on the changes and the limit:  Limit on Property Taxes

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