Among the missing deductions this year: Personal exemptions. This year instead, standard deductions were doubled. For a single taxpayer the amount is $12,000. The standard deduction for a married couple is $24,000 and those who file as the head of a household is $18,000.
This tax filing season, filers no longer have unlimited state and local tax deductions. Those deductions are now capped at $10,000.
“That’s huge for people around here whose real estate taxes and state taxes paid, exceed that $10,000 limit,” Lake said.