7 states that will really miss the unlimited SALT deduction

Residents of these states could feel the sting

The Tax Cuts and Jobs Act will reduce taxes for most Americans when they file their 2018 tax returns. However, not everyone’s taxes will go down, particularly those households that generally claim big deductions for state and local income taxes, sales taxes, and real estate taxes.

These are collectively known as the SALT deduction, and while the deduction has not been repealed completely as many GOP lawmakers were aiming to do, it has been limited to $10,000 per year. This could have the effect of higher taxes for some people, particularly residents of these seven high-tax states.

Note: All figures and data are based on the 2015 tax year, which is the most recent year for which finalized data is available as of this writing.

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