{"id":10942,"date":"2025-10-02T17:46:39","date_gmt":"2025-10-02T17:46:39","guid":{"rendered":"https:\/\/griffinfunding.com\/?p=10942"},"modified":"2026-03-03T00:58:58","modified_gmt":"2026-03-03T00:58:58","slug":"salt-deduction-what-is-the-state-and-local-tax-deduction","status":"publish","type":"post","link":"https:\/\/griffinfunding.com\/blog\/mortgage\/salt-deduction-what-is-the-state-and-local-tax-deduction\/","title":{"rendered":"SALT Deduction: What Is the State and Local Tax Deduction?"},"content":{"rendered":"<div id=\"key_takeaways\"><h3>KEY TAKEAWAYS<\/h3><ul>\n<li>The SALT deduction allows taxpayers to deduct the cost of their state and local taxes from their federally taxable income, up to $40,000 for the 2025\u20132029 tax years under the One Big Beautiful Bill Act.<\/li>\n<li>The SALT tax deduction is only available to taxpayers who itemize their deductions.<\/li>\n<li>The 2017 Tax Cuts and Jobs Act (TCJA) set the SALT deduction cap at $10,000 for every year until 2025.<\/li>\n<li>Donald Trump\u2019s One Big Beautiful Bill (OBBB) Act has increased the SALT deduction cap to $40,000 beginning in 2025, with the cap being increased 1% each year through 2029, reverting to $10,000 in 2030<\/li>\n<\/ul>\n<\/div>\n<h2>What Is the SALT Deduction?<\/h2>\n<p>The state and local taxes (SALT) deduction is a federal tax benefit for taxpayers who itemize their deductions. It allows these taxpayers to deduct the cost of their state and local taxes, including income tax or sales tax, as well as <a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/\">property taxes<\/a>, from their federal income for tax calculation purposes. The SALT deduction is designed to ensure taxpayers don\u2019t pay tax on the same income twice.<\/p>\n<h2>How the SALT Tax Deduction Works<\/h2>\n<p>The SALT tax deduction only applies to taxpayers who choose to itemize their tax deductions, rather than taking the <a href=\"https:\/\/www.irs.gov\/taxtopics\/tc551\">standard deduction<\/a>. If you\u2019re eligible for tax deductions that exceed the amount of the standard deduction, itemizing your deductions can be an advantageous choice. To do so, you\u2019ll need to list out every deductible cost item by item, hence the term \u201citemize.\u201d<\/p>\n<p>To claim the SALT tax deduction, you\u2019ll first need to choose whether you\u2019d like to deduct your state and local income tax or your sales tax. Generally, you should choose whichever amount is larger.<\/p>\n<p>Deduct either your income or sales tax plus your property taxes \u2014 a total of up to $40,000 for the 2025-2029 tax years \u2014 from your taxable income before calculating your federal taxes.<\/p>\n<p>The IRS\u2019s Schedule A (<a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-form-1040\">Form 1040<\/a>) can help you with this calculation:<\/p>\n<ul>\n<li><strong>Line 5a:<\/strong> Check the box if you intend to deduct your state and local sales tax instead of your income tax. If you plan to deduct your income tax, leave this box unchecked. Then, input the amount on the line.<\/li>\n<li><strong>Line 5b:<\/strong> Input your state and local personal property taxes.<\/li>\n<li><strong>Line 5c:<\/strong> Input your state and local property taxes.<\/li>\n<li><strong>Line 5d:<\/strong> Add the previous 3 lines together.<\/li>\n<li><strong>Line 5e:<\/strong> Enter the amount on Line 5d or $40,000, whichever is less.<\/li>\n<\/ul>\n<h2>History of the SALT Deduction<\/h2>\n<p>State and local taxes first became deductible from federal taxable income in 1913. At this time, the government established a permanent federal income tax. Upon its introduction, many state and local taxes became deductible from federal taxable income.<\/p>\n<p>Throughout the later half of the 20th century, a number of tax reforms were introduced that limited the range of state and local taxes that could be deducted from taxable income. In 2017, the <a href=\"https:\/\/taxfoundation.org\/taxedu\/glossary\/tax-cuts-and-jobs-act\/\">Tax Cuts and Jobs Act<\/a> added the $10,000 cap on the SALT deduction, which remained in place through the end of 2024. Beginning with the 2025 tax year, the One Big Beautiful Bill Act raised the cap to $40,000.<\/p>\n<h2>Who Qualifies for the SALT Deduction?<\/h2>\n<p>Only taxpayers who itemize their deductions are eligible for the SALT tax deduction; those who take the standard deduction cannot subtract SALT tax from their federal taxable income.<\/p>\n<p>The SALT deduction is particularly beneficial to people who pay high amounts of state and local income and property taxes. Homeowners, particularly those in areas with high property taxes, can benefit greatly from this deduction, as can high earners and residents of high-tax states.<\/p>\n<h2>How Recent Legislation Impacts the SALT Deduction<\/h2>\n<p>Donald Trump\u2019s <a href=\"https:\/\/bipartisanpolicy.org\/explainer\/salt-deduction-changes-in-the-one-big-beautiful-bill-act\/\">One Big Beautiful Bill<\/a> enacts <a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/how-could-tax-policy-changes-affect-the-housing-market\/\">tax policy changes in 2025<\/a>. It raises the SALT deduction cap from $10,000 to $40,000 for 2025 through 2029. Senate changes modified the bill slightly, so that the deduction limit increases annually by 1% each year, until it reverts back to $10,000 in 2030.<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10944\" src=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-1.png\" alt=\"\" width=\"800\" height=\"511\" srcset=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-1.png 800w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-1-300x192.png 300w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-1-768x491.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><br \/>\nThese deductions only apply to taxpayers with an AGI of $500,000 or less. For every dollar of income over $500,000, the deduction cap is reduced by 30 cents.<\/p>\n<h2>Should You Claim the SALT Tax Deduction?<\/h2>\n<p>To determine whether you should claim the SALT deduction, it\u2019s first important to decide whether it may be advantageous to you to itemize deductions.<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10945\" src=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-2.png\" alt=\"\" width=\"800\" height=\"376\" srcset=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-2.png 800w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-2-300x141.png 300w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-2-768x361.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><br \/>\nFor the 2025 tax year, the standard deduction is $15,000 for single filers and married couples filing separately, and $30,000 for married couples filing jointly. If your deductible expenses are greater than $15,000, it may make sense to itemize deductions. If they\u2019re less than your corresponding standard deduction, it makes more sense to take the standard deduction.<\/p>\n<p>If you think you may want to claim the SALT deduction, start by calculating your state and local taxes. If your total SALT tax is less than $40,000, you can deduct the total amount from your federal taxable income. If it&#8217;s greater, you can deduct up to $40,000, provided your AGI does not exceed $500,000. You can use your total SALT tax to estimate whether itemized deductions would be worthwhile. For instance:<\/p>\n<ul>\n<li>If your SALT tax amounts to $15,000, you&#8217;ll only need to find additional qualifying deductions to exceed the $15,000 standard deduction threshold \u2014 at which point itemizing becomes worthwhile.<\/li>\n<li>If your SALT tax only amounts to $5,000, you\u2019ll need an additional $10,000 in qualifying deductions to save using itemized deductions. In this case, itemizing deductions may not be advantageous.<\/li>\n<\/ul>\n<p>It may also be advantageous to itemize your deductions and claim the SALT tax deduction if you:<\/p>\n<ul>\n<li>Live in a state with high taxes or high property taxes (see <a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/property-tax-by-state\/\">property tax by state<\/a>)<\/li>\n<li>Have a mortgage with a <a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/current-mortgage-rates\/\">high interest rate<\/a><\/li>\n<li>Are a high earner<\/li>\n<li>Have high out-of-pocket medical and dental expenses<\/li>\n<li>Have made considerable charitable donations<\/li>\n<\/ul>\n<h2>Determine Whether the SALT Deduction Is Right for You<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10946\" src=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-3.png\" alt=\"A man sitting at his table working on his taxes.\" width=\"800\" height=\"533\" srcset=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-3.png 800w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-3-300x200.png 300w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/10\/SALTDeduction-3-768x512.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><br \/>\nThe SALT tax deduction is just one of many ways to save come tax season. For other money saving techniques to help you find your way to financial wellness, get the <a href=\"https:\/\/gold.griffinfunding.com\/pfm\/registration\/invite?key=1c204fd9-839b-4775-aed1-9844766b60a6\">Griffin Gold app<\/a>. It has smart features like budgeting, credit management, and more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Is the SALT Deduction? The state and local taxes (SALT) deduction is a federal tax benefit for taxpayers who itemize their deductions. It allows these taxpayers to deduct the cost of their state and local taxes, including income tax or sales tax, as well as property taxes, from their federal income for tax calculation<a class=\"moretag\" href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/salt-deduction-what-is-the-state-and-local-tax-deduction\/\">&#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":10943,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-10942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What Is the SALT Deduction? 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