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Maine SALT Cap Calculator

For Maine filers.

The short answer: At the scenario numbers below, the OBBBA SALT deduction is $6,500 — about $1,430 back at a 22% rate ($55 per biweekly paycheck).

Old cap (pre-OBBBA): $10,000 deductible
Your OBBBA cap: $40,000
Extra deduction: $6,500
Est. federal tax savings: $1,430
Your state+local taxes ($16,500) are below your $40,000 cap

⚠️ This calculator provides estimates for informational and educational purposes only. It is not tax advice. Results are based on the One Big Beautiful Bill Act (OBBBA) and IRS Schedule 1-A. Consult a qualified tax professional for your specific situation.

Your State's Slice of the $40,000 Cap

Maine's 7.15% top bracket plus coastal property taxes push itemizers over the old cap.

  • • Income + property → SALT to $40,000
  • • Phase-out above $500,000 MFJ
  • • Tree growth and open-space programs reduce taxable value — use actual paid

Worked Example

A Portland MFJ household, $195,000 MAGI: about $11,500 income tax plus $5,000 property tax.

  • • Deductible amount: $6,500
  • • Federal income tax savings: $1,430 (at the 22% marginal rate)
  • • Per biweekly paycheck: $55

Keep Reading

Frequently Asked Questions

Did the SALT cap increase help Mainers?

For itemizers above $10,000 combined — common in Portland-metro and coastal towns.

Maine's property tax fairness credit?

A state credit against property tax; the federal SALT deduction uses tax actually paid.