# what you need to know about the salt property tax deduction

Making sense of the new cap on state tax deductions » Dec 20, 2017… If you live in a state with high income and property taxes, you could lose… Taxpayers with children will see the child tax credit double to $2,000 per… "If you have two unmarried taxpayers both paying $10,000 in SALT, they ... Money.cnn.com

Income Tax The 13 Most Important Things to Know About 2018 Taxes » May 13, 2019… When you file your return, you still have a choice between taking the standard… The child tax credit in 2018 is double what it used to be.… and local taxes (SALT) , including state income or sales tax and local property taxes, ... Investopedia.com

How the New Limit on SALT Deductions Affects Homeowners… » Unfortunately, the Tax Cuts and Jobs Act (TCJA) limits SALT deductions for… Here's important information that homeowners should know about the new limitation.… For example, suppose you have $8,000 of state and local property taxes and ... Mwcpa.com

Your 2019 Taxes: What You Need to Know About the Tax Reform Bill » Your 2019 Taxes: What You Need to Know About the Tax Reform Bill… Stick with us, and we'll break down the details so you understand what's…. The SALT deduction is another deduction that was debated before the tax reform bill was voted in.… deductible amount to $10,000, including income, sales and property taxes. Daveramsey.com

What you need to know about the SALT property tax deduction - The… » Oct 8, 2018… Q: When it comes to the SALT deduction, can you give me a little more information on the limits? A: In the last big tax bill that Congress passed, ... Washingtonpost.com

State and Local Tax (SALT) Deductions | TaxSlayer » What You Need to Know About the State and Local Tax (SALT) Deduction… If you live in a state that imposes a sales tax, income tax, property or real estate tax,  ... Taxslayer.com

Are My Property Taxes Still Deductible in 2018? -- The Motley Fool » Aug 2, 2018… There were several IRS tax deductions that didn't survive the tax reform… needs to know about the revised state and local taxes, or SALT, deduction.… You live in a high-tax state, and you paid property taxes of $12,000 and ... Fool.com

Changes to the State and Local Tax (SALT) Deduction - Explained » Jan 30, 2019… This SALT deduction includes property, income and sales taxes.… limit is also important to know because the 2018 standard deduction is $12,000 (for single filers). So you need to have another $2,000 of itemized deductions, ... Smartasset.com

The State And Local Tax Deduction, or SALT » See your standard deduction based on your filing status. If you itemize, you can deduct property taxes AND state and ... Efile.com

SALT cap workarounds: Things to know | Credit Karma » Apr 17, 2019… Will state SALT cap workarounds help you deduct more of your state and… If you live in a state with high property, income or sales tax, the Tax Cuts… who paid taxes to state and local governments have been able to deduct ... Creditkarma.com