MAXIMIZE MISCELANEOUS DEDUCTIONS

General information: Miscellaneous itemized deductions refer to specific expenses that taxpayers may deduct when filing their taxes, provided they meet certain criteria. Prior to the Tax Cuts and Jobs Act (TCJA) of 2017, many miscellaneous deductions were subject to a 2% adjusted gross income (AGI) limitation, meaning only the portion exceeding 2% of AGI could be deducted.