Salt Deduction 2024. The bill would increase the $10,000 cap on state and local tax (salt) deductions to $20,000 for joint tax filers who earn under $500,000 in adjusted gross. 1, 2024, if the couple’s adjusted gross income for a taxable.


Salt Deduction 2024

Distribution tables by income level. The cap on the state and local tax deduction — known as salt — would rise from $10,000 to $20,000 this year for married couples earning up to $500,000.

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