2025 Key Tax Changes Benefiting Homeowners Increased SALT Deduction Cap (Temporary) The deduction limit for state and local taxes (property, income, or sales taxes) has increased significantly from $10,000 to $40,000 per household (or $20,000 for married individuals filing separately). This temporary increase applies to tax years 2025 through 2029 and is particularly beneficial for homeowners in high-tax […]
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