Salt Deduction Cap 2024. The salt deduction cap — which stands for state and local tax — was instituted at $10,000 in the 2017 trump tax cuts and was deeply unpopular in. The salt deduction cap limits the itemized deduction for state and local taxes to $5,000 for a married person filing a.

Some lawmakers have expressed interest in repealing the salt cap, which was. Trump’s pledge on truth social suggests he plans to roll back a key piece of legislation that he signed into law as part of a 2017 tax package that.