salt big beautiful bill

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Trump, SALT and to deduct

The new $40,000 cap on SALT deductions in Trump’s big bill aids homeowners most in these cities

The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from $10,000, for the next five years. Now it’s up to taxpayers to see if they can take advantage of this extra write-off, which is popularly referred to as the SALT deduction.

NBC News on MSN · 3d

Trump's 'big beautiful bill' could deliver 45.5% 'SALT torpedo' for high earners, tax pro says

President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT.

SFGATE · 3d

How the ‘Senior Deduction’ in the Big, Beautiful Bill Could Help Retirees Keep Their Homes

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will benefit the most.

27d

What New 'Big Beautiful Bill' Proposals Mean for Medicaid, SALT

Proposed changes have reportedly angered some House Representatives, and differing views on the legislation could make passing Trump's bill difficult.

11don MSN

Live Q&A: The ‘Big Beautiful Bill’—We Answered Your Questions

WSJ subscribers asked about what the bill means for SALT, electric vehicles, estate taxes, Social Security, Medicare and more ...

11d

Washington: Who voted for, against Trump's 'Big Beautiful Bill'? Read a bill summary

The U.S. House passed the "One Big, Beautiful Bill" largely along party lines. Here's how Washington state's representatives ...

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