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SALT Fairness for Working Families Act

USA117th CongressHR-2439| House 
| Updated: 4/8/2021
Lauren Underwood

Lauren Underwood

Democratic Representative

Illinois

Cosponsors (1)
Sean Casten (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
SALT Fairness for Working Families Act This bill increases the limit on the individual income tax deduction for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill increases the limit to $15,000 (twice that amount in the case of a joint return) and requires the increased limit to be adjusted for inflation after 2021.
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Timeline
Apr 8, 2021
Introduced in House
Apr 8, 2021
Referred to the House Committee on Ways and Means.
  • April 8, 2021
    Introduced in House


  • April 8, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 117-804: SALT Deduction Fairness Act
Income tax deductionsInflation and pricesProperty taxSales and excise taxesState and local taxation

SALT Fairness for Working Families Act

USA117th CongressHR-2439| House 
| Updated: 4/8/2021
SALT Fairness for Working Families Act This bill increases the limit on the individual income tax deduction for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill increases the limit to $15,000 (twice that amount in the case of a joint return) and requires the increased limit to be adjusted for inflation after 2021.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 8, 2021
Introduced in House
Apr 8, 2021
Referred to the House Committee on Ways and Means.
  • April 8, 2021
    Introduced in House


  • April 8, 2021
    Referred to the House Committee on Ways and Means.
Lauren Underwood

Lauren Underwood

Democratic Representative

Illinois

Cosponsors (1)
Sean Casten (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • S 117-804: SALT Deduction Fairness Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Income tax deductionsInflation and pricesProperty taxSales and excise taxesState and local taxation