dba1040
Level 2
‎12-06-2019 07:21 PM

Not able to find it in personal as it used to be taken on line 35 front page of 1040. Was this phased out with the tax reform?

0 Cheers
abctax55
Level 15
‎12-06-2019 07:21 PM

Yes

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"

View solution in original post

0 Cheers
dba1040
Level 2
‎12-06-2019 07:21 PM
Where do you take it? Not finding the form.
0 Cheers
IRonMaN
Level 15
‎12-06-2019 07:21 PM
I think the "yes" was in response to the phased out portion of your question.

Slava Ukraini!
0 Cheers
taxiowa
Level 9
Level 9
‎12-06-2019 07:21 PM
Actually it is in draft form and not yet final.  So I would expect it soon.
0 Cheers
abctax55
Level 15
‎12-06-2019 07:21 PM
I figured a simple "yes" covered all the possible answers.
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
0 Cheers
IRonMaN
Level 15
‎12-06-2019 07:21 PM
It did sound more precise than a maybe :wink::wink:

Slava Ukraini!
0 Cheers
TaxGuyBill
Level 15
‎12-06-2019 07:21 PM

Except for stuff in connection with a "agricultural or horticultural cooperative", it has been repealed for years starting after December 31st, 2017.

So unless a "agricultural or horticultural cooperative" applies, it does not exist on a 2018 corporate tax return.

It could still be part of a 2018 personal tax return if the partnership/corporation/estate had a fiscal year (a 2017 tax return with the deduction) that is used on the 2018 personal tax return.



0 Cheers