The State and Local Income Tax Deduction on Federal Taxes
May 15, 2022 · 2021 Tax Deduction Limits . The deduction for state and local taxes is no longer unlimited. At one time, you could deduct as much as you paid in taxes, but TCJA limits the SALT deduction to $10,000, or just $5,000 if you're married but file a separate tax return. ... Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, or Wisconsin as of ...
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