Maximum Salt Deduction 2024 Limit
Maximum Salt Deduction 2024 Limit. The most prudent path forward is to eliminate the marriage penalty but introduce an income limit to the salt deduction. In 2023 and 2024, the salt deduction allows you to deduct up to $10,000 ($5,000 if married filing separately) for a combination of property taxes and either state and local.
The agi limit for 2024 will determine the threshold above which certain tax benefits, including the salt deduction, begin to phase out. Current state of salt deductions in 2024.
