John_8581
FreeOnes Lifetime Member
If Donald Trump, the House of Representatives, and the Senate can help to get rid of the SALT deduction limitation of just $10,000 when trying to itemize on a federal tax return then it will be an accomplishment. It is adversely impacting so many high end tax states like New York, California, Connecticut, New Jersey, Illinois, etc. I know many people in New York and in New Jersey who have lost the ability to fully take off their paid real estate taxes along with the state, city tax withholding amounts that they have on their Form W-2. Many in New York who used to be able to itemize can't do it anymore.