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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· 2d · on MSN

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

· 3d · on MSN

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

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 ...

13don MSN

House tax writers eye SALT deduction cap rejected by key lawmakers last week

The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for ...

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