2025 tax-year guide: This article explains the SALT deduction limits for 2025 income tax returns. Do not apply these dollar amounts automatically to a later tax year.
The One Big Beautiful Bill Act increased the federal state and local tax (SALT) deduction limit for 2025. The limit is generally $40,000, or $20,000 for married filing separately. It is reduced when modified adjusted gross income exceeds $500,000, or $250,000 for married filing separately, but not below $10,000 or $5,000, respectively. See the IRS 2025 Schedule A instructions for the calculation and qualifying taxes.
What this means for homeowners
For Port Washington and Nassau County homeowners, eligible property taxes and state income taxes can make itemizing worth reviewing. Your preparer should compare your allowable itemized deductions with the standard deduction for your filing status. A higher deduction limit does not guarantee a refund; your overall tax, withholding, payments and other return items still matter.
Records to keep together
Gather property-tax payment records, state income-tax withholding and estimated-payment confirmations. Keep mortgage-interest and charitable-contribution records separately so your preparer can evaluate the complete itemized-deduction picture. A bill alone may not establish when a payment was made.
Use the rules for the return being prepared
If you still need help with a 2025 return, our CPA and EA team can review the relevant records as part of tax preparation. For a 2026 return filed in 2027, we will apply the rules and limits for 2026 rather than reuse the figures in this guide. Separate tax-planning work is available to existing clients, with scope and fees agreed in advance.
Learn about our individual tax preparation services or book a consultation. You can book before all your documents are ready. Before we meet, please upload your most recent tax return and documents related to your questions through our secure client portal.
Go Tax Dude, Inc. · 8 Maple St #11, Port Washington, NY 11050 · (516) 336-3316. Office visits are by appointment.