Salt Deduction Limit 2024 Notification

Salt Deduction Limit 2024 Notification. The movement to roll back limits on how much state and local taxes americans can deduct on their federal returns took a hit wednesday when a vote to. Under the current tax laws, taxpayers can deduct salt up to a limit of $10,000.


Salt Deduction Limit 2024 Notification

If the cap is increased or. The maximum amount you can take for the salt deduction for 2023 (taxes filed in 2024) is $10,000 ($5,000 for married couples who file separately), the same as it was for tax year 2022.

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