Model the tax saving available through a state pass-through entity (PTE) tax election, where the entity pays state income taxes deductible at the federal level, bypassing the $10,000 SALT cap.
Enter the values for the scenario you are assessing. Model the tax saving available through a state pass-through entity (PTE) tax election, where the entity pays state income taxes deductible at the federal level, bypassing the $10,000 SALT cap. Use the salt pte workaround result to inform your calculation.