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RE: Impact of the New Tax Bill on Average

in #tax • 6 years ago (edited)

Jason is killing it, 36% tax reduction!

Does this consider non-AMT taxpayers in high tax states that will have a $10k cap on SALT deductions? I glanced the article and couldn't find a quick answer on that point.

Thanks for the info!

6 years ago in #tax by
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     6 years ago 

    Yes, the study does consider the cap on SALT deductions (see page 9 in the subsequent link).

    https://files.taxfoundation.org/20171220113959/TaxFoundation-SR241-TCJA-3.pdf

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