Salt Deduction For 2024 Batch. 7024) by a vote of 357 to 70. The pte’s deduction is not affected if individual members receive a benefit, such as a tax credit to apply against the member’s state personal income tax liability.

Since the $10,000 limit on the salt deduction was first enacted as part of former president donald trump’s 2017 tax reform law, states have come up with an. House of representatives overwhelmingly passed the tax relief for american families and workers act of 2024 (h.r.