Hi
I notice in 2024 New Jersey Tax Summary, there is a property tax under deductions and exemptions shown below.
but in 2023, it isnt show there below. I have checked that the property tax is added correctly. Does TurboTax make an error?
NJ allows the option of a deduction to reduce your income or a tax credit which reduces your tax bill dollar for dollar. The program is choosing the best one for you. Great job catching that! Thanks for the screenshots -big help.
See: Property Tax Deduction/Credit for Homeowners and Renters
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