SALT Deduction

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Message Board SALT Deduction

This topic contains 2 replies, has 3 voices, and was last updated by Keith Schoenheit 5 days, 19 hours ago.

  • Author
    Posts
  • #141906
    Charly Netel
    Participant

    If taxpayer is limited by $10,000 limitation, can taxpayer choose to deduct property taxes first?

  • #141987
    Mike Giangrande
    Participant

    Yes, we believe you can. The TCJA does not provide any form of ordering rules for the $10,000 deduction. You will have to apply this manually in your tax software.

  • #142361
    Keith Schoenheit
    Participant

    I went round and round with Intuit today on just this topic. The tech swore she would submit a request to the programming guys. Right now I think you can  kludge together a solution by doing a lot of overwriting of fields, but it looks messy.