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Itemized Deductions for 2018

  • my tax pilot
  • Dec 18, 2018
  • 1 min read

The ability to itemize deductions has been dramatically decreased because the new law provides a much larger standard deduction. You are allowed to deduct the greater of the two. However, we still need to accumulate the information on your medical, tax, mortgage interest, charity and other deductions in order to apply the new rules, and to complete your state tax returns.

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