Bill-Davenport
Returning Member

Deductions & credits

I attempted to do itemized deductions for my 2018 taxes as I had been for years, only to confirm my fear (and denial of my reality) that the changes to the tax code made the Standard Deduction the way I had to go. I feared that any changes to the code again this year, under this administration, were not going to be in my favor.

 

Secondarily, my mortgage interest and health expenses were also not deductible which, of course, was thrilling to all of us lower 99% of the income earners.

 

Thank you for the explanation and for confirming that this year again the Standard Deduction will be my reality.

 

Bill