This tax season has been marked by a round of law changes, making filing taxes an even more confusing and frustrating experience for many Americans who normally rely on their refunds.
Among the biggest changes were to the state and local tax deduction amounts, also referred to as the SALT deduction cap. Now that deduction limits are standard across the board regardless of income, both middle and upper-class taxpayers are feeling the financial consequences of the new limits.
BANKRATE
by KELLY ANNE SMITH
APRIL 10, 2019