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Dabbs, Hickman, Hill & Cannon, LLP

 

319 South Main Street, PO Box 727

Statesboro, GA 30459

Phone: 912-764-6951

 

325 Tattnall Street

Savannah, GA 31401

Phone: 912-233-9004

October 2026

Higher SALT Cap May Change Your Filing Strategy

Higher SALT Cap May Change Your Filing Strategy

New limits for 2026 could open the door to bigger tax savings.


HIGHER DEDUCTION LIMIT
The 2026 SALT cap is $40,400 - about 4x the old $10,000 limit.


MORE TAX SAVINGS
Combined with mortgage interest and charitable giving, you may now exceed the standard deduction by itemizing.


TIME-SENSITIVE
The higher cap phases down above $505,000 MAGI and reverts to $10,000 in 2030.


GET EXPERT ADVICE
Your tax professional can run both scenarios to see what saves you more.


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