Salt Deduction Cap 2024 Notification. Both the salt limitations and the doubled standard deduction expire after 2025, putting salt on the 2025 menu for lawmakers. The salt deduction allows taxpayers who itemize to subtract certain state and local taxes from their federal taxable income.

The upcoming changes in tax laws set to take effect in 2024 are significant and will impact state and local tax (salt) deductions. Here’s why taxpayer relief is still likely next year.