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2. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   v. t. e. Under United States tax law, the standard deduction is a dollar amount that non- itemizers may subtract from their income before income tax (but not other kinds of tax, such as payroll tax) is applied. Taxpayers may choose either itemized deductions or the standard deduction, [1] but usually choose whichever results in the lesser ...

3. State and local tax deduction - Wikipedia

   en.wikipedia.org/wiki/State_and_local_tax_deduction

   The Tax Cuts and Jobs Act of 2017, signed into law by President Donald Trump, capped the total SALT deduction at $10,000 for the tax years 2018 through 2025. [4] The bill also increased the standard deduction , which significantly reduced the number of taxpayers who claim the SALT deduction. [ 23 ]

4. Tax Cuts and Jobs Act - Wikipedia

   en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

   The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. Tooltip Public Law (United States) 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.

5. Tax Deductions Explained (and Common Ones You Could Claim) - AOL

   www.aol.com/tax-deductions-explained-common-ones...

   The 2017 tax reform put new limits on property tax deductions. Beginning in 2018, you can deduct state and local taxes up to $10,000 or $5,000 if you’re married filing separately.

6. The 6 Most Important Tax Deductions You Need to Claim - AOL

   www.aol.com/finance/6-most-important-tax...

   How much you can deduct depends on when you took out your mortgage because the rules changed in tax year 2018. For mortgage loans you took out in 2018 or later, you can deduct the mortgage ...

7. Angela Alsobrooks improperly claimed tax deductions on DC ...

   www.aol.com/angela-alsobrooks-improperly-claimed...

   Angela Alsobrooks, the Democratic nominee for US Senate in Maryland, improperly took advantage of tax breaks she did not qualify for, including one meant for low-income senior citizens, saving ...