SALT Deduction Cap Updates - Search News

News

SALT, Republican

NBC News on MSN · 2d

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.

CBS News on MSN · 3d

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

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.

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

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in high-tax states.

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.

Some results have been hidden because they may be inaccessible to you

Show inaccessible results