Does The Salt Tax Expire In 2025

Does The Salt Tax Expire In 2025. The 2017 tax cuts and jobs act (tcja) imposed a $10,000 “cap” on state and local tax (salt) deductions on individual federal income tax returns for tax years 2018 through 2025. His reversal muddies the waters of the renewal of the tcja, many provisions of which, including the salt cap, will expire on december 31, 2025.


Does The Salt Tax Expire In 2025

In total, 35 federal tax provisions (many of which were enacted through the tcja) are set to expire at the end of 2025. So if the tax cuts just expire, then the salt cap would be lifted.

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