Entering amounts on Taxes Paid

Forum|Forum|1 year ago
April 7, 2025
2 replies
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I entered the real estate taxes and property taxes on separate lines, but Turbo Tax lumped both amounts on the State and Local Real Estate Taxes line - Turbo Tax didn't do this in prior years.

xmasbaby0

Employee

The limit for SALT----state and local tax--- is capped at $10K for itemizing deductions on Schedule A.

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SharonD007

TurboTax totaled them together because real estate taxes and property taxes are the same thing and there's a limit to the amount of state and local taxes that you can deduct on your Schedule A. The most that you can deduct is $10,000 ($5,000 if you are filing as Married Filing Separately).

Refer to the TurboTax article What's the difference between real estate tax, property tax, and personal property tax?

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