Max Salt Deduction 2024. Our annual salt outlook offers 10 predictions from our salt team in the washington national tax office, focusing on the salt issues that we believe will be of. As of 2024, the $10,000 cap on salt deductions remains in effect, and taxpayers should plan their finances accordingly.
The range of possibilities from salt cap repeal to abolishing the entire salt deduction has revenue implications totaling more than $2.2. In total, the taxpayer paid $16,000 in eligible state and local taxes.