Tax Policy Center

SALT deduction

State and Local Issues: TaxVox
As states continue to search for ways to protect their residents from the Tax Cuts and Jobs Act’s (TCJA) limits on the federal deductibility of...
February 27, 2018Howard Gleckman
: TaxVox
The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New...
February 15, 2018Tracy Gordon
State and Local Issues: TaxVox
The Tax Cuts and Jobs Act (TCJA) limits the itemized deduction for state and local taxes (SALT) on federal individual income tax returns to $10,000...
January 30, 2018Leonard E. BurmanFrank Sammartino
Individual Taxes: TaxVox
The Tax Cuts and Jobs Act (TCJA) will reduce the number of itemizers by about 27 million in 2018, mostly because it will substantially increase...
December 21, 2017Howard Gleckman