When will Turbotax update the program with the new SALT tax limit of $80,000?

[VolvoGirl]

When did that go into effect?  If it's not for 2021 returns then it won't be until the 2022 program comes out in Nov & Dec unless it's later.

[whateverlola]

It just got passed recently in one of the bills that Biden and dems promoted.  It IS retroactive to 2021, so I have been delaying filing my 2021 taxes until Turbotax does the update.

[SteamTrain]

Everything I've read indicated it was left out of the final reconciliation bill that did pass.   So I think the $10K limit remains for the next few years....or until there is a sufficient change in Senate/House makeup to include more folks who support the increase.

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[whateverlola]

Well, shoot. More research for me.  That is a huge bummer.  Thanks.

[VolvoGirl]

Don't think it passed yet.  This is from Aug 2022
https://www.route-fifty.com/finance/2022/08/hopes-dim-lifting-salt-cap-senate-deal/375365/ 

[whateverlola]

Yeah, I get that now.  Stopped paying attention before the final update of the law.  BOO Joe Manchin!!!

[TomD8]

The SALT cap will end after 2025, unless Congress extends it.