Due to the Tax Cuts and Jobs Act, the only miscellaneous deductions allowed are:
- Gambling losses (gambling losses include, but aren't limited to, the cost of
non-winning bingo, lottery, and raffle tickets), but only to the extent of gambling winnings reported on Schedule 1 (Form 1040 or 1040-SR), line 8.
- Casualty and theft losses of income-producing property from Form
4684, lines 32 and 38b, or Form 4797,line 18a.
- Federal estate tax on income in respect of a decedent.
- A deduction for amortizable bond premium (for example, a deduction allowed for a bond premium carryforward or a deduction for amortizable bond premium on bonds acquired before October
- An ordinary loss attributable to a contingent payment debt instrument or an inflation-indexed debt instrument (for example, a Treasury Inflation-Protected Security).
- Deduction for repayment of amounts under a claim of right if over $3,000. See Pub. 525 for details.
- Certain unrecovered investment in a pension.
- Impairment-related work expenses of a disabled person.
These are found in the:
- Federal Section
- Itemized Deductions
- Miscellaneous Deductions