HR. 246In Committee
SALT Fairness for Working Families Act
Increases the federal state and local tax deduction cap to $15,000, or $30,000 for joint filers
Plain-English overview
What this bill does
Increases the federal state and local tax deduction cap to $15,000, or $30,000 for joint filers
Key points
- Increase SALT deduction cap
Current status
Where it stands
Status
In Committee
Latest action
2025-01-09 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedIncome tax deductionsState and local taxationTaxation