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March 27, 2020
Question

Property Tax Deduction

  • March 27, 2020
  • 1 reply
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Since it is better for me to file with the standard deduction for my Federal return, would it be better to enter my property taxes and interest on my state return?

    1 reply

    CatinaT1
    March 27, 2020

    Even if you use the standard deduction for Federal, depending on your state, you may be able to deduct those items.  Regardless, this is entered in the Federal section and carried over to your state return.

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    fanfare
    Employee
    March 27, 2020

    Always shoot for the Itemized deduction and let the program apply any cutoffs.
    For instance in NJ the property tax deduction limit is higher than the federal property tax deduction limit.