The latest proposal would remove the $10,000 cap entirely for those making less than $400,000 a year.
The average tax refund issued so far this year is down about $600.
The software has been the subject of bipartisan criticism from lawmakers because of concerns about privacy.
The agency began this filing season with close to 10 million unprocessed returns from previous years.
It's unclear if the IRS will get any significant financial reinforcement in the near term.
The agency warned that tax refunds could be delayed past the typical three-week turnaround time.
Some Democrats are seeking an expanded tax break, posing a challenge to the president.
Funding cuts and staffing shortages due to the ongoing health crisis are causing the problems, Treasury officials said.
Voting districts that felt the SALT cap reductions the most will play a large role in the mid-term elections.
Advisors should be wary, as Congress can always change tax rules mid-season.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
