Tax Law Changes 2018, 3 of 10

Deductions that are disappearing

While many deductions are remaining under the new tax law, there are several that didn't survive, in addition to those already mentioned elsewhere in this guide. Gone for the 2018 tax year are the deductions for:

  • Casualty and theft losses (except those attributable to a federally declared disaster)

  • Unreimbursed employee expenses

  • Tax preparation expenses

  • Other miscellaneous deductions previously subject to the 2% AGI cap

  • Moving expenses

  • Employer-subsidized parking and transportation reimbursement