Itemized Deduction Phaseout - 2013
Answer:
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.
Taxpayers with income Above the above amounts will be subject to the phaseout.
