2026 itemized deduction
SALT deduction cap check
Allowed SALT estimate
$40,400
Cap mechanics
MAGI above threshold
$0
30% phase-down
$0
Benefit above floor
$30,400
The 2026 cap starts at $40,400 for this filing status. The higher cap phases down when MAGI exceeds $505,000, but this estimate keeps the limitation at or above the status floor.
Tax election inputs
Income tax used
$26,000
Sales tax alternative
$0
Smaller election ignored
$0
The calculator uses the larger of state income tax or state sales tax, then adds real estate and personal property taxes. It does not model AMT, pass-through entity tax workarounds, or state-specific itemized deduction rules.
Related finance tools
Primary sources
26 U.S.C. 164 state and local tax limitation textIRS One Big Beautiful Bill provisionsIRS 2026 inflation adjustments
This is a planning tool, not tax advice. Check the current IRS forms and a qualified tax professional before filing.