on the schedule a form 1040 itemized deductions the deduction for state and local income taxes i

Name: on the schedule a form 1040 itemized deductions the deduction for state and local income taxes is limited to what amount 10000 5000 if mfs 50000 25000 if mfs 100000 50000 if mfs there is no limit on t
Uploaded: 2024-01-05T21:43:18-08:00
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Channel: Benjamin Densmore
Description: on the schedule a form 1040 itemized deductions the deduction for state and local income taxes is limited to what amount 10000 5000 if mfs 50000 25000 if mfs 100000 50000 if mfs there is no limit on t

Question

Tyna Senecal · Accepted Answer

The deduction for state and local income taxes on Schedule A (Form

Question

On the Schedule A (Form 1040), Itemized Deductions, the deduction for state and local income taxes is limited to what amount? $10,000 ($5,000 if MFS). $50,000 ($25,000 if MFS). $100,000 ($50,000 if MFS). There is no limit on the deduction of state and local income taxes.

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