Utah standard deduction You can itemize or take the standard deduction on your Utah state taxes, but you must choose the same deduction method you used on your federal tax return. For 2019, the amount of your Utah standard deduction is the same as your federal standard deduction.

Can you deduct state income taxes as an itemized deduction?

Taxpayers who itemize deductions on their federal income tax returns can deduct state and local real estate and personal property taxes, as well as either income taxes or general sales taxes. State and local taxes have been deductible since the inception of the federal income tax in 1913.

What can you deduct in itemized deductions?

Itemized deductions include amounts you paid for state and local income or sales taxes, real estate taxes, personal property taxes, mortgage interest, and disaster losses from a Federally declared disaster. You may also include gifts to charity and part of the amount you paid for medical and dental expenses.

What is the standard deduction for Utah?

Standard Deductions Single taxpayers and married individuals filing separately will notice the standard deduction rise to $12,400 for 2020 (up $200 from 2019). Lastly, heads of households can expect an increase to $18,650 for the 2020 tax year, which is up $300 from 2019.

Do you itemize on your Utah tax return?

If you itemized on your federal income tax return, that amount is the total for your Utah itemized deductions as well.

Are there any tax deductions in the state of Utah?

There are no itemized or standard deductions in Utah, but the Taxpayer Tax Credit, described below, is based on federal deductions and can lower the tax burden for taxpayers at lower income levels. Likewise, Social Security income in Utah is taxable, but the Retirement Income Tax Credit helps alleviate the tax burden for retirees.

How are personal exemptions calculated on Utah taxes?

Taxable income is calculated by subtracting all personal exemptions from total income. In Utah, you can claim a personal exemption of $565 for each dependent you claimed on your federal tax return. Exemptions can be claimed for filers, spouses and dependents.

Do you subtract standard deduction from itemized deductions?

When calculating the amount of one’s income that is subject to tax, the federal government and most states allow people to choose whether to subtract a basic “standard deduction” amount or the total of their “itemized deductions”—a group of roughly a dozen separate tax deductions.