You keep your mortgage interest deduction.
You keep your business deductions for repairs and supplies... those are cost of doing business.
IRA, can’t say, doubt that is gone, hope you actually do a SEIP instead.
health insurance, can’t say, doubt that is gone
charitable deductions... he said that stays.
Property tax, can’t say
Depreciation... I’d give it up in a heartbeat.
I come out much better any way I slice it even with ZERO deductions.... yes, I have a business.
Need more details but simpler is better.
By my figures you pay 29,000 now and with ZERO deductions on 250K you pay 35,000... I’ll wager you the difference that when the details are known you’ll pay close to 29,000 or LESS.
show me where Trump says he wont eliminate the mortgage interest deduction?
I saw no details on what deductions Trump would eliminate.