Salt Tax Cap 2025 Cap

Salt Tax Cap 2025 Cap. Some lawmakers say it’s time to end or increase the $10,000 cap on state and local tax deductions. Both the salt limitations and the doubled standard deduction expire after 2025, putting salt on the 2025 menu for lawmakers.


Salt Tax Cap 2025 Cap

The state and local tax deduction limitation (salt cap) has become a focal point of tax policy debate ahead of its scheduled sunset at the end of 2025. Former president trump’s proposal to repeal the $10,000 cap on the state and local tax (salt) deduction would cut 2025 taxes by an average of more than $140,000 for the.

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