Question: Describe the SALT Deduction and any limitations. How does this impact NJ taxpayers? Explain your response with two paragraphs of three to six sentences. You

Describe the SALT Deduction and any limitations. How does this impact NJ taxpayers? Explain your response with two paragraphs of three to six sentences. You MUST include a reference to the applicable IRC section.

Write a three to six sentence paragraph in response to a classmate's comments on how this impacts NJ taxpayers. Indicate whether you agree or disagree and why.

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