Article Date:
January 2020


Word Count:
509

 

 

Congress Reinstates Expired Tax Provisions—Some Back to 2018


Congress let many tax provisions expire on December 31, 2017, making them dead for your already-filed 2018 tax returns.

 

In what has become much too common practice, Congress resurrected the dead provisions retroactively to January 1, 2018. Goody, goody! You can amend your 2018 tax returns to claim the deductions.

 

And you can relax when filing your 2019 and 2020 tax returns, because lawmakers extended the “extender” tax laws for both years. Thus, no worries until 2021—and even longer for a few extenders that received special treatment.

 

To make sure you have the extenders in place to your benefit, in this article we’ll tell you what deductions and credits you can take for which tax years. ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee