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Form 8829 online Tucson Arizona: What You Should Know
SALT Limitation — How SALT and the IRS Differ Sep 22, 2025 — A new IRS rule will reduce the amount of taxable income or deduction that an individual may claim in the tax year following the year in which the individual reaches age 65. Under the SALT provision, this will apply to any investment income (such as interest and dividends) earned in a qualified taxable annuity arrangement, qualified retirement plan, or stock purchase arrangement that was established after December 31, 2017, and before January 1, 2022. Learn more about SALT and the IRS.
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