House passes bill to lift $10,000 cap on state and local tax deductions

Posted from: https://www.cnbc.com/2019/12/20/house-passes-bill-to-lift-10000-cap-on-state-and-local-tax-deduction.html

The House narrowly passed a measure to repeal the $10,000 limit on state and local tax deductions, but the legislation is unlikely to survive in the Senate. Nevertheless, taxpayers may see the concept make a comeback in 2020….

Posted from: https://www.cnbc.com/2019/12/20/house-passes-bill-to-lift-10000-cap-on-state-and-local-tax-deduction.html

The House narrowly passed a measure to repeal the $10,000 limit on state and local tax deductions, but the legislation is unlikely to survive in the Senate. Nevertheless, taxpayers may see the concept make a comeback in 2020….

Leave a Reply

Your email address will not be published. Required fields are marked *