Does The Salt Tax Expire In 2025

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Does The Salt Tax Expire In 2025

Does The Salt Tax Expire In 2025. Some policymakers have suggested allowing the $10,000 cap on the state and local tax (salt) deduction to expire as scheduled at the end of 2025. In this sense, it would be gone.


Does The Salt Tax Expire In 2025

The 2017 tax cuts and jobs act (tcja) imposed a $10,000 “cap” on state and local tax (salt) deductions on individual federal income tax returns for tax years 2018 through 2025. However, the 21% corporate tax rate, a permanent.

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