2025

Salt Tax Cap 2025 Increase

Salt Tax Cap 2025 Increase. Limiting the salt deduction served as an offset for various. The salt cap was one of the major revenue offsets of tcja and, like many other individual tax provisions of the law, it is set to expire after 2025.


Salt Tax Cap 2025 Increase

Some lawmakers say it’s time to end or increase the $10,000 cap on state and local tax deductions. Lawmakers are loosely mulling an increase of the cap to $20,000 on the low end and $100,000 on the high end for individuals, she added.

Salt Tax Cap 2025 Increase Images References :