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Table shows the impact on federal tax revenue for fiscal years 2025-34 of options to modify the $10,000 limit on deductible state and local taxes (SALT deduction).
NOTE: A table with additional options is available as Table T25-0010.
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T25-0003 – Increase Limit on Deductible State and Local Taxes (SALT) to $40,000 for Married Couples Filing Jointly ($20,000 for Others), Distribution by ECI Level, 2025
T25-0004 – Increase Limit on Deductible State and Local Taxes (SALT) to $40,000 for Married Couples Filing Jointly ($20,000 for Others), Distribution by ECI Percentile, 2025
T25-0005 – Increase Limit on Deductible State and Local Taxes (SALT) to $60,000 for Married Couples Filing Jointly ($30,000 for Others), Distribution by ECI Level, 2025
T25-0006 – Increase Limit on Deductible State and Local Taxes (SALT) to $60,000 for Married Couples Filing Jointly ($30,000 for Others), Distribution by ECI Percentile, 2025
T25-0007 – Increase Limit on Deductible State and Local Taxes (SALT) to $80,000 for Married Couples Filing Jointly ($40,000 for Others), Distribution by ECI Level, 2025
T25-0008 – Increase Limit on Deductible State and Local Taxes (SALT) to $80,000 for Married Couples Filing Jointly ($40,000 for Others), Distribution by ECI Percentile, 2025