SALT Deduction Expansion: What It Means for 2025–2029

SALT Deduction Expansion: What It Means for 2025–2029

Key Points: The SALT deduction cap will temporarily increase to $40,000 starting in 2025, creating short-term tax planning opportunities for high earners in high-tax states. Taxpayers with income between $500,000 and $600,000 may see reduced or no benefit due to...