SALT cap raised to $40,000 will benefit California homeowners, experts say

The Big Beautiful Bill includes a bonus for some Californians in the form of a SALT tax deduction that the Senate voted to keep in the House’s version of the bill.

The Big Beautiful Bill, as it’s called, will likely include a $40,000 SALT deduction – that is state and local tax deduction. Before 2017, it was unlimited. It then got capped at $10,000, and now, $40,000 will help a lot of Californians…

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