“ most folks no longer itemize deductions after the Tax Cuts and Jobs Act of 2017, …”
But this all goes away in 2025. All of the individual tax provisions of the 2017 Tax Cuts and Jobs Act (TCJA) expire at the end of 2025. Among the changes: Individual income tax rates will revert to their 2017 levels. The standard deduction will be cut roughly in half, the personal exemption will return while the child tax credit (CTC) will be cut.
Time to put on your old Boy Scout hat and Be Prepared!
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