It didn’t even occur to me that I don’t get to deduct my property taxes. Okay, I need to do some math here now.
Are the child tax credits untouched?
Increased to a yet-to-be-determined amount.
Really good point there too. I’m in California and we’re doubly screwed - high income and property tax (because of the high cost of housing). I would need to check with the CPA to see if doubling the standard deduction to $24K would offset most of these deductions going away.
Of course, residents of Nevada and Texas, etc. would be sitting pretty!