Salt Tax Deduction Limit 2024 Limit. The movement to roll back limits on how much state and local taxes americans can deduct on their federal returns took a hit wednesday when a vote to. Salt deduction is a tax benefit for state and local taxes paid by taxpayers who itemize their deductions.

Find out how different proposals to change the limit on deductible state and local taxes (salt) affect federal tax burden by income level. Sales taxes and state taxes paid.