Max Salt Deduction 2024 Calculator. The new tax law caps the state and local tax deduction at $10,000. Currently, the salt deduction is capped at $10,000, which can limit the amount of state and local taxes that can be deducted from federal income tax.

Let’s take a closer look at the salt deduction, how it impacts your federal income taxes and whether things might change in the near future. The range of possibilities from salt cap repeal to abolishing the entire salt deduction has.