Completed
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Update SALT Deduction and Standard Deduction for July 2025 Rules
SALT Deduction raised to $40,000? - I would like to see a calculator to help model how the new changes to U.S. taxation affects taxpayers married filing jointly if contributing less or more to Traditional 401k, if paying property taxes what amount will make a difference, and how big of a difference it will be versus under the prior rules. - Case in point, trying to decide whether or not to buy a house and how this plays into the decision in VHCOL high tax California. Standard Deduction raised significantly? Let’s see that updated too and more accurately model the taxes.
