2018 Tax Law Changes
2018- Itemized deductions-Misc Deductions
For tax years beginning after December 31, 2017 and before January 1, 2026 all miscellaneous itemized deductions that were previously subject to a 2% AGI limitation are suspended. Among the items included in this elimination are: All unreimbursed employee business expenses; Union dues Brokerage fees All expenses related to tax return preparation; Appraisal fees for charitable contributions; Investment expenses.
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