Taxes?
Anyone done there 2018 taxes and found out anything different about RV deductions under the new tax bill? I'm assuming that we will meet the minimum deductions to itemize. Having purchased our 5er t...
Forum Discussion
I believe you have to be able to itemize deductions, before the sales tax deduction can come into play. So, you have to get to 24K (or more) before the sales tax deduction can be taken.
The Tax Cuts and Jobs Act modified the deduction for state and local income, sales and property taxes.
If you itemize deductions on Schedule A, your total deduction for state and local income, sales and property taxes is limited to a combined, total deduction of $10,000 ($5,000 if married filing separately).
Mike
The Tax Cuts and Jobs Act modified the deduction for state and local income, sales and property taxes.
If you itemize deductions on Schedule A, your total deduction for state and local income, sales and property taxes is limited to a combined, total deduction of $10,000 ($5,000 if married filing separately).
Mike
