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Limit reported SALT to the amount that would zero out regular tax liability

Open MaxGhenis opened this issue 10 months ago • 0 comments

Otherwise incremental SALT can increase tax liability via the AMT. Filers will optimally report only the SALT that zeros out their regular tax liability. There is no legal requirement to itemize your entire SALT.

This should replace the code added in https://github.com/PolicyEngine/policyengine-us/pull/5883

MaxGhenis avatar Apr 24 '25 17:04 MaxGhenis