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March 17, 2021
Question

Where is my state liability credit from last year? I thought that becomes a credit for this year.

  • March 17, 2021
  • 2 replies
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2 replies

March 17, 2021

Please clarify.  What state are you referring to?

March 18, 2021

You can deduct any state taxes paid in 2020 with your 2019 state return as a state and local tax deduction. You have to be able to itemize deductions. Additionally, the deduction of state and local income, sales, and property taxes is limited to a combined total deduction of $10,000 ($5,000 if married filing separately).

 

TurboTax shows the amount on the Tax Payments Worksheet.