Comment on Californians might retain a state and local income tax deduction — but with limits

Californians might retain a state and local income tax deduction — but with limits

Californians still might retain their ability to deduct state and local taxes from their federal returns under the Republican overhaul — but with a catch. The total annual deduction would be capped at $10,000, which is the same level as a limited deduction for property taxes that both the House...

 

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