Congress Mulls Changes to Cap on SALT Write-Off

NJ SEED
Apr 29, 2025
1 min read

April 21, 2025 | njspotlightnews.org

When they rewrote the federal tax code in 2017, members of Congress placed a $10,000 limit on the “state and local tax” deduction, often called SALT for short, that Donald Trump signed into law during his first term.

And while it appears unlikely an unlimited SALT deduction will be restored in the near future, a lifting of the cap is getting strong consideration.

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NJ SEED: If eliminating SALT is unlikely, raising the cap is essential for many NJ homeowners. Raising the cap from $10,000 to $20,000 or more would not seem unreasonable.

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