It’s been more than a year since Republicans enacted President Donald Trump’s “big beautiful bill,” and many filers can | Hanami
It’s been more than a year since Republicans enacted President Donald Trump’s “big beautiful bill,” and many filers can still benefit from a temporary change to the federal deduction limit for state and local taxes, known as SALT.
Trump’s legislation raised the SALT deduction limit to $40,000 in 2025, up from $10,000 in 2024. That cap increased to $40,400 for 2026, and will rise yearly by 1% through 2029 before reverting to $10,000 in 2030.
Learn how to optimize your tax payments for 2026: http://cnb.cx/4jNRt2H