Tax Guy: The little-noticed tax change that could affect your return

For 2018–2025, the Tax Cuts and Jobs Act (TCJA) eliminates write-offs for miscellaneous itemized expenses that were previously subject to the 2%-of-adjusted-gross-income (AGI) deduction threshold. That meant your total miscellaneous expenses had to exceed 2% of AGI or you got no write-off. If they did exceed the threshold, you could only deduct the excess. (AGI is the number on the last line of your Form 1040; it includes all taxable income items and certain write-offs such as deductible IRA contributions and self-employed health insurance premiums.)

Because most folks did not have enough miscellaneous expenses to exceed the 2%-of-AGI deduction threshold, this now-disallowed write-off never got much attention.

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