Will The Salt Cap Expire In 2025

Will The Salt Cap Expire In 2025. What exactly is the salt cap and what could be in store for 2025? Some lawmakers say it’s time to end or increase the $10,000 cap on state and local tax deductions.


Will The Salt Cap Expire In 2025

In addition to the $10,000 cap on the salt deduction, several provisions of tcja are set to expire in 2025 such as the reductions in income tax rates. The salt deduction cap had different effects on taxpayers across.

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