How Much SALT Do I Get in 2026
We review the current House and Senate Tax Proposals on the State and Local Tax (SALT) deduction
The House tax proposal increased the state and local tax (SALT) limit for individuals from the current $10,000 limit to $40,000 and then would start phasing that out once your income hit $500,000.
However, many states have what is called a pass-through entity tax (PTET) system that allows partnerships and S corporations to pay the SALT for the individuals directly. This is a deduction at the entity level and then a credit is passed through to the owners that allows them to offset their state income taxes for the income of that entity.
Effectively this allows a full SALT deduction for those owners.
