States ranked by claims for state and local tax deductions

AP and ABC News ^ | 18 Nov 17 | AP Staff

[SkyPilot]

The percentage of federal individual income tax filers claiming a deduction for state and local taxes paid in 2015, ranked by state:

1. Maryland: 45.7 percent

2. Connecticut: 41.3 percent

3. New Jersey: 41.2 percent

4. Virginia: 37.3 percent

5. Massachusetts: 36.9 percent

6. Oregon: 36.0 percent

7. Utah: 35.3 percent

8. Minnesota: 34.7 percent

9. New York: 34.5 percent

10. California: 34.4 percent

11. Georgia: 32.8 percent

12. Rhode Island: 32.8 percent

13. Colorado: 32.5 percent

14. Delaware: 31.6 percent

15. Illinois: 31.3 percent

16. Wisconsin: 31.0 percent

17. New Hampshire: 30.9 percent

18. Washington: 29.9 percent

19. Iowa: 29.5 percent

20. Hawaii: 29.1 percent

21. North Carolina: 29.0 percent

22. Pennsylvania: 28.6 percent

23. Arizona: 28.4 percent

24. Montana: 28.2 percent

25. Idaho: 28.0 percent

26. Maine: 27.6 percent

27. Nebraska: 27.6 percent

28. South Carolina: 27.3 percent

29. Vermont: 27.3 percent

30. Michigan: 26.5 percent

31. Missouri: 26.1 percent

32. Ohio: 26.1 percent

33. Kentucky: 26.0 percent

34. Alabama: 25.8 percent

35. Kansas: 25.5 percent

36. Nevada: 24.6 percent

37. Oklahoma: 24.0 percent

38. Mississippi: 23.3 percent

39. Louisiana: 23.0 percent

40. Texas: 22.8 percent

41. Indiana: 22.8 percent

42. Florida: 22.5 percent

43. New Mexico: 22.5 percent

44. Arkansas: 22.3 percent

45. Wyoming: 21.6 percent

46. Alaska: 21.4 percent

47. Tennessee: 19.3 percent

48. North Dakota: 18.5 percent

49. West Virginia: 17.0 percent

50. South Dakota: 16.9 percent

District of Columbia: 39.8 percent

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[nopardons]

Exactly so!

[Brown Deer]

http://thehill.com/blogs/pundits-blog/economy-budget/330938-trumps-tax-plan-builds-path-to-2018-2020-and-beyond

[nopardons]

I may not be living under a bridge ( though who knows where I’ll be ), but I’ll be with you, completely, re the rest of your post!

[kjam22]

I sell stock for profit all the time without paying taxes. Are you kidding? Seriously

[nopardons]

It isn't a "zero sub game"!

You need to pay YOUR "fair share"!

[kjam22]

You’re proving that you don’t get it. I never said prices would go down. I said I want corporations to make a boatload of money. When they do good..... I do good. Buy a vowel man.

[nopardons]

You avoid paying CAPITAL GAINS TAX, when selling stock and keeping the money?

Gee...you haven't been audited yet and get away with that, do ya?

[Mariner]

Yeah, based on my learnings on this matter I am considering opening a Consultancy for Republican Politicians.

However, based on their recent efforts I suspect somebody has beat me to it !

Just remember, once they read the words: “Subsidize Blue States” their brains zeroize. IF they read any further they don’t absorb any of it and they will never be skeptical of anything that will save them from that.

[Brown Deer]

Oh, like the one Jim Robinson lives in?

When you mention someone, you should tag them.

[kjam22]

Paper profits are meaningless and IF one sells, then you wind up in a higher tax bracket AND the markets don't only go up...

. This is one of the most sophomoric, uninformed statements I've read in a while.

[Scotswife]

And let me guess - moving expenses probably are no longer deductible? Lol!

I had no idea that Trump’s plan was to make people pick up and move.

[kjam22]

You have no idea how IRAs, 401ks, rollover accounts work. Dude, the more you talk the more you prove you don know what you’re saying.

[nopardons]

You are so lost, yet believe that only YOU know what's what. LOL

You won't make money on your investments, paper gain or actually selling and taking the money out of the market, when comes the crash! And even though we're in a BUBBLE BULL MARKET, not ALL stocks have or shall go up in value.

And the more money you make ( once you take it out of the market ), the higher your bracket goes; yes, even when it's taxed at capital gains tax bracket.

Your uncalled for condescension, towards me, it laughable! You don't write clearly, you claim things that are false, and no, it's not I who doesn't know what I'm talking about; it is you.

[Scotswife]

This article says personal exemptions have been expanded when all other sources say they have been eliminated.

[nopardons]

How true; sadly!

What's even more sad, by far, is that they actually believe that they are "conservatives"!

[kjam22]

And the more money you make ( once you take it out of the market ), the higher your bracket goes; yes, even when it's taxed at capital gains tax bracket.

Factually inaccurate

[nopardons]

LOL...you poor thing; I’d feel sorry for you if you ever posted something that proved you know something, even vaguely, about this topic, but you never have done.

[kjam22]

Read about investing. Start with Roth IRAs and try not to be so stupid.

[kjam22]

There is nothing wrong with not understanding. But a fool is one who doesn’t even know what he doesn’t know

[nopardons]

Probably not allowed and certainly NOT deductible if the move is predicated on moving to a state with lower taxes.

None of this mess has anything at all to do with what Trump said on the stump! Oh, it has tax relief for HUGE corporations, but all else is dross, dressed up as gold.