Sorry, does the mortgage interest part of salt?? I thought the $40k only applies to the property tax, state tax and local taxes. Our property taxes come in round $18k (Florida) and r interest on our mortgage is round $30k - so is the cap $40k? Or would it be $48k deduction total?
2026-11-13 01:43:51
1
. :
First u have to get beyond the standard deduction amount which most people can't. again, the 40k SALT is for the rich with big mortgages.
2026-11-12 11:13:42
3
user5057662773557 :
Probably not in Washington state.
2026-11-13 02:53:59
1
Papi67 :
How cold is it in your office
2026-11-13 00:31:10
2
Kerri :
Mary Kay?
2026-11-12 22:21:39
1
Jesus/of/Suburbia :
For people who are confused. No, you can't just claim $40k, you can claim UP TO that amount of your legitimate expenses that you've paid. If you only had $2k, that is how much you can claim.
2026-11-13 03:40:51
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WadeParade :
What’s included in? What can i write off??
2026-11-13 03:45:28
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TravelinRver :
doesn't take affect until 2027
2026-11-13 02:14:28
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tinksine :
So all homeowners can claim this?
2026-11-13 02:58:02
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Jlhanso 🇺🇸 :
Sounds like a deduction for rich people.
2026-11-13 02:44:57
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tinabellina1 :
GA???
2026-11-12 19:30:05
1
Aaa :
CO?
2026-11-13 00:39:35
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sunshinefuntime725 :
BULL
2026-11-12 21:15:54
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floating🌍sphere :
you forgot CA. highest taxes out there
2026-11-13 00:11:33
1
user4530560362368 :
More for rich
2026-11-12 21:39:32
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bobebrown2117 :
Standard deduction is $32,500 mfj
2026-11-12 04:08:49
0
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