New SALT Deduction Rules 2025 | $10k to $40k Tax Change Explained

New SALT Deduction Rules 2025 — Big Beautiful Bill Tax Changes Explained

The Big Beautiful Bill just raised the SALT deduction cap from $10,000 to $40,000 for joint filers — but what does that really mean for your taxes in 2025? In this episode of Full Throttle Finance™, we break down exactly how the new SALT deduction rules work, who benefits, and who won’t see any change at all.

We cover:
✅ What the SALT deduction is and why it matters
✅ The history of the $10,000 cap since 2018
✅ How the Big Beautiful Bill changes SALT starting in 2025
✅ Real-life examples: high-tax vs. low-tax state households
✅ Why this deduction could save some families thousands, while others get nothing

If you live in a high-tax state, this could be your biggest federal tax break since 2018. If you live in a low-tax state, your return might look exactly the same.

📌 Watch to find out if this change will impact YOU.
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