MERLEMOM
Level 3
12-06-2019
06:45 PM
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I am doing a 2018 1040 Proforma in the 2018 tax program but it's not limiting my SALT deduction. I input the full real estate taxes paid of $47,000 and that is what it is showing on the tax return. Shouldn't it be limited to $10,000? Since the Schedule A form is not available, but I can see the deduction on the Tax Summary. What am I doing wrong?
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abctax55
Level 15
12-06-2019
06:45 PM
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It's working for me (the tax summary shows only $10,000 even when I enter $ 25,000).
Verify that you've downloaded the latest update? I'm on version 39.013.
If you are, then I'd try WebSetUp and force it to run even if it says the program is up-to-date.
"*******Tax software is no substitute for a professional tax preparer*******
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