If I annualize the first quarter by multiplying by 4, it exceeds the SALT cap. I had to make a Q4 2021 estimate payment in January 2022. Combined with my Q1 2022 W-2 withholding, multiplying by 4 makes the deductions look ridiculous compared to the year end. And ignoring the annualization factor, I exceed the cap about half way through the year.
