Episode Details
Back to EpisodesBeat the SALT Cap: How PTET Lets Pass-Through Owners Reclaim State Tax Deductions
Season 5
Episode 10
Published 1 month ago
Description
If you pay substantial state and local taxes (SALT), itemize your deductions, and feel the pain of the federal cap on SALT deductions, the pass-through entity elective tax (PTET) may provide you relief to overcome the limit on deducting state and local taxes on your tax return.