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Reply to "SALT Phase out"
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[quote=Anonymous]I don’t think this will benefit us at all, would have been nice when I was single with a lower standard deduction but since the standard deduction is 30k for MFJ in 2025 and I make around 300k with stay at home wife and a relatively cheap house/low mortgage rate I’m not accumulating very many deductions if itemizing. With state income tax/va car tax/mortgage interest/property tax it would bring us to right around 30k, so it’s a wash. [/quote]
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