My 2015 TurboTax Filing did not generate a Schedule A for itemized deductions, though I had more deductions than the standard amount. Was this due to a high AGI?

[SweetieJean]

You are just doing 2015 now? Are you using the 2015 desktop software?

[daveponder]

Thank you. I reviewed the 2015 filing because TurboTax 2018 asked if I could apply any unused deductions from previous years.   Could the itemized deductions that I missed out on in 2015 be applied to 2018?

[SweetieJean]

For tax year 2015, the phaseout of certain itemized deductions applies to higher income taxpayers. They will get a reduced tax benefit from certain deductions such as mortgage interest, state and local income tax, sales tax, charitable contributions, and unreimbursed employee job expenses.

The itemized deductions phaseout is based on your adjusted gross income (AGI). The amount of certain itemized deductions is reduced by 3% of AGI above the phaseout threshold amount shown in the table below for your filing status, up to a maximum 80% reduction.

NOTE: There are certain itemized deductions that are exempt from the phaseout. These include medical and dental expenses, investment interest, casualty and theft losses, and gambling losses.

Itemized Deductions Phaseout when AGI reaches:

Single $258,250

Head of Household $284,050

Married Filing Jointly $309,900

Married Filing Separately $154,950

[daveponder]

Thank you.  Can the 2015 deductions that were excluded due to the phaseout be taken in a later year?