Ed Slott: Higher SALT Cap Could Mean Significant Tax Savings
#edslott #taxplanning #taxchanges
The tax and IRA expert shares strategies for taking advantage of this newly generous deduction.
Tax Deadlines and Key Information to Know for 2026 https://www.morningstar.com/personal-finance/tax-deadlines-key-information-know-2026
Timestamps
00:00:00 Introduction
00:00:23 What’s Changing With the SALT Tax Cap in 2025?
00:04:04 What Types of Taxes Fall Under SALT?
00:04:38 How Can People Above the Income Limit Still Benefit From the Higher SALT Tax Cap?
Watch more from Morningstar:
Ed Slott: What You Need to Know About the New Tax Deduction for Seniors https://youtu.be/FGxQy0aI6kY
Ed Slott: What Retirees Need to Know About Required Minimum Distributions https://youtu.be/YaoYyeph_RQ
Ed Slott: Make Your Charitable Gifts Count at Tax Time https://youtu.be/57ybFb9JDrs
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