Salt Tax Changes 2024

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Salt Tax Changes 2024. The proposed law, called the salt marriage penalty elimination act, would raise the cap on state and local tax deductions from $10,000 to $20,000 โ€” but only for. Members of congress are trying to uncap the salt deduction, and more than 20 states have found a way around the issue for some taxpayers.


Salt Tax Changes 2024

The cap on the state and local tax deduction โ€” known as salt โ€” would rise from $10,000 to $20,000 this year for married couples earning up to $500,000. The current cap for salt deductions is.

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