SALT Deduction Cap Changes

News

SALT, property tax

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.

· 2d · on MSN

MiBolsilloColombia on MSN · 2d

SALT deduction changes explained: Who really benefits from the $40,000 cap?

· 3d · on MSN

What is the SALT deduction, and what's happening with this tax break?

2don MSN

Senate GOP weighs SALT changes despite ‘big, beautiful bill’ deal

Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...

Yahoo Finance2d

How a $40,000 SALT deduction cap could affect your tax bill

The tax bill passed by the house has a major change for Americans ... going to take that standard deduction over the salt deduction. If this $40,000 cap becomes law, they could deduct all $ ...

RCP's Wegmann Asks WH If Trump Will Support Senate Changing House GOP's SALT Deduction Agreement, No Answer

White House press secretary Karoline Leavitt declined to give an answer to RCP reporter Phil Wegmann's question about whether President Trump would support the Senate making changes to the agreement ...

Senate plans changes to Trump bill

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