IntermediateSlide lesson12 min
The $40,400 SALT cap (2026)
Cap went from $10K to $40K in 2025, +1%/yr through 2029. AGI phasedown ~$505K back to $10K. MFS halves it. Reverts to $10K in 2030.
Last reviewed: July 2026 · Tax year 2026 (post-OBBBA)
Cap went from $10K to $40K in 2025, +1%/yr through 2029. AGI phasedown ~$505K back to $10K. MFS halves it. Reverts to $10K in 2030.
Last reviewed: July 2026 · Tax year 2026 (post-OBBBA)