2025 Tax Changes You Need to Know Before Filing

Sudip Sengupta

January 12, 2026

10 Major 2025 Tax Changes You Need to Know Before Filing

2025 Tax Changes You Need to Know Before Filing

3. Homeowners Get a Big SALT Break

Homeowners Get a Big SALT Break
Homeowners Get a Big SALT Break

A major win for homeowners in high-tax states

The cap on deducting state and local taxes (SALT) rises sharply from $10,000 to $40,000 ($20,000 if married filing separately).

This includes:

  • State income or sales taxes
  • Local taxes
  • Property taxes

Pros

  • Significant relief for homeowners
  • Makes itemizing worthwhile again for many
  • Especially helpful in high-tax states

Cons

  • Limited for very high-income earners
  • No benefit if you take the standard deduction

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Hi there! I am Sudip Sengupta, the face behind "Tfin Career". Tfin Career is a sole proprietorship finance and consulting firm that makes complex tax and financial concepts easy to understand for everyone. With more than 21 years of experience in the field, I have noticed that people cannot make the right decisions in this field. So, I decided to create "Tfin Career" to help individuals and businesses alike. Here I urge those who are confused to make better choices. Also, it is good news for my dear clients and every visitor that I/we are going to start a training module for those who want to choose a career path in Finance and Taxation. Just follow my website.

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