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Level 2
June 6, 2019
Solved

New tax law for 2018. Salt cap of 10000. Is this the same number for single, married filing jointly, and married filing singly?

  • June 6, 2019
  • 2 replies
  • 27 views
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Best answer by TaxGuyBill

Is it $5000 for Married Filing Separately.

It is $10,000 for all other filing statuses.


As a side note, it is a $10,000 limit for the combined total of SALT and Real Estate taxes.

2 replies

Level 2
June 6, 2019
update?
Level 13
June 6, 2019

Is it $5000 for Married Filing Separately.

It is $10,000 for all other filing statuses.


As a side note, it is a $10,000 limit for the combined total of SALT and Real Estate taxes.

Level 13
June 6, 2019
As a side note, it is still a PROPOSED tax law for 2018.  It has not passed yet.