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a New $40,000 SALT Cap Would Affect Your Tax Bill

· 2d · on MSN

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

· 3d · on MSN

How a New $40,000 SALT Cap Would Affect Your Tax Bill

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 ...

4don MSN

Lawmakers Close In on Higher SALT Cap

Republican leaders approach a long-sought agreement with lawmakers from high-tax states.

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