Last night when Congress averted the government shutdown, they passed a tax extenders package that is retroactive to the 2017 tax year.
Among the most common deductions for our clients that were reinstated:
- Mortgage Insurance Premiums
- Tuition and Fees Deduction
- Residential Energy Credit
- Fuel Cell Car Credit
There are plenty of others that are less common. We have already pulled returns that have been filed and will alert clients for amendments and those still in process have been flagged!