SALT Deduction Cap Updates - Search News

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House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out over $500,000.

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Here's who could benefit from the proposed $40,000 SALT deduction cap

Next test for higher SALT cap: Republican resistance in the Senate

1d

Lawmakers Near SALT Cap Deal That Could Offer Major Relief to Homeowners in High-Tax States

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

FingerLakes1.com9d

Will the SALT deduction cap be raised? What homeowners need to know

A new proposal could raise the SALT deduction cap from $10,000 to $30,000. Here’s how it may affect homeowners.

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