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Posts: 163
In response to
"
We lose salt but keep real estate tax deduction, right? -- nm
"
by
Amanda
The Senate bill keeps up to $10K property tax deduction. House bill eliminates it completely. Both versions eliminate SALT income tax. -- nm
Posted by
ty97
Dec 2 '17, 11:35
(No message)
Responses:
Both versions raise standard deduction for individuals to 12K so consider if you would even itemize anymore. Personal exemptions eliminated too. -- nm
-
ty97
Dec 2, 11:38
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