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How much of your SALT
can you actually deduct?

The One Big Beautiful Bill raised the SALT cap — but a MAGI-based phaseout means many high-income taxpayers will see far less. Find your number in seconds with our calculator below.

2026 Limits:

Cap (MFJ)
$40,400

up from $10,000

Phaseout starts
$500,500 MAGI

MFJ ($250,250 single)

Phaseout rate
$0.30 per $1

above threshold

SALT Deduction Estimator

Estimate your allowable deduction based on income phaseouts.

$
Your adjusted gross income before deductions
$
Include real estate taxes and state income or sales tax — whichever is higher
Base Cap (Before Phaseout)
Phaseout Threshold
Income Above Threshold
Cap Reduction (30%)
Effective Cap
SALT Paid
Allowable Deduction

What changed with the One Big Beautiful Bill?

Under the 2017 Tax Cuts and Jobs Act, the SALT deduction was capped at $10,000 for all filers — a provision that hit high-tax states like Illinois especially hard. The One Big Beautiful Bill Act raised that cap to $40,000 for married couples ($20,000 single) starting in 2025.

However, the full benefit isn't available to everyone. For every dollar of MAGI above $500,000 (MFJ) or $250,000 (single), your cap is reduced by $0.30 — until it reaches the old $10,000 floor. This means a married couple earning $600,000 has their cap reduced by $30,000, bringing it back to $10,000.

This calculator shows exactly where you land. If you're close to the threshold, tax planning strategies like Roth conversions, deferred compensation, or retirement contributions may affect your eligibility — that's where a conversation with a CFP® can make a real difference.

Want to know how this fits into your full tax picture?

Our team of CFP® advisors specializes in tax-efficient planning for families in the northern Chicago suburbs. SALT is just one piece — we can show you how Roth conversions, charitable giving, and income timing work together.

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