The National Directory of Certified Public Accountants

Ask A CPA - Tax Law changes - 2013

Itemized Deduction Phaseout - 2013

The American Taxpayer Relief Act of 2012 permanently extends the repeal of the Itemized Deduction Phaseout on incomes at or Below $250,000 (individual filers), $275,000 (heads of households) and $300,000 (married filing jointly) for tax years beginning after December 31, 2012. Taxpayers with income Above the above amounts will be subject to the phaseout.

If you need professional help with "Tax Law changes - 2013" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.