Salt Deduction Cap 2025 Ny. The salt cap was imposed by congress and had to be lifted by congress. Come next year, the cap on the federal deduction for state and local taxes (salt) is set to expire alongside certain tax cuts included in the gop's 2017 tax law.
Will the salt deduction cap be repealed or raised in 2025? A ny.gov website belongs to an official new york state government organization.