Accountant-Man
Level 13
12-07-2019
12:06 AM
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Maybe.
What do you think will happen if you CHOOSE to deduct sales tax on federal Sch A instead of state income taxes? Your Sch A SALT deduction will still be $10,000, you won't have deducted ANY state income taxes, and that refund will not be taxable income in 2019.
** I'm still a champion... of the world! Even without The Lounge.