SALT Deduction Limit…Can You Get Around It?

The Tax Cuts and Jobs Act increased the standard deduction amount. However, it also limited itemized deductions for state and local taxes (SALT) on the federal income tax return. Read on to learn what works (and what doesn’t work) to maneuver around the $10,000 SALT limitation.

SALT Deduction Limit…Can You Get Around It?

This entry was posted on Wednesday, February 13th, 2019 at 11:00 am. Both comments and pings are currently closed.

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