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Employee
March 22, 2018
Question

Will the itemized deductions limitations on AGI still apply when we complete our 2018 tax return?

  • March 22, 2018
  • 1 reply
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I know right now they phase out at $313,800 for married filing joint returns and $156,900 for married filing separate. Is this going to be the same or higher for 2018 tax year?

1 reply

Employee
April 7, 2018

For tax year 2018, these limits (called the Pease limitations) have been suspended.  You can see the details here: Cornell School of Law: Legal Information Institute: U.S Code> Title 26 >Subtitle A> Chapter 1> Subchapter B > Part 1>  § 68.