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irasmilo: "Of course, much of this is moot for 2018."

Apologies to the OP for hijacking the thread, but IRA, peter and the rest of the board regulars, does anyone have a good summary of the 2018 changes, and what is still deductible and especially any "above the line deductions" that are available if one does not itemize? It is hard for me to imagine that the Republican base would accept loss of church/charitable donations if one does not itemize.

The increase in the standard deduction, along with the SALT limitation, "kills" my prior strategy of alternating between standard deduction and stacking deductions (which mainly involved paying two years of real estate taxes in the same calendar year, which is easy to do in Texas without going delinquent).

Also, is there any grandfathering of home equity loan interest deductions for loans taken prior to the change in the law (i.e., the old 100k limitation)?

Regards, JAFO
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