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Tax planner - is it updated for OBBBA?

strongsilence
Level 11

I input SALT tax deductions for 2025 of $54,000. My Tax Planner has calculated that the "lesser of State and Local Taxes or Cap" is $33,000 for a client with AGI of $520,000. MFJ.  So, it has been updated for the new law.

 

1 Comment 1
Kathi_at_Intuit
Moderator
Moderator

Hi @strongsilence Always nice to have you in the Community, and thank you for keeping everyone updated! It’s really helpful to others to know that this is in the Tax Planner. Great catch and thanks for sharing it with everyone. 

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