Sentences with phrase «of itemizers»

The nonpartisan Tax Policy Center estimates that the number of itemizers will fall from about 49 million to 10 million under the new tax law.

I asked the chief economist of the National Association of Home Builders, Robert Dietz, and he estimates that the number of itemizers might drop from the current 25 percent of taxpayers to 10 percent or even just 5 percent.

The nonpartisan Tax Policy Center estimates that the number of itemizers will fall from about 49 million to 10 million under the new tax law.

The nonpartisan Tax Policy Center estimates that the number of itemizers will fall from about 49 million to 10 million under the new tax law.

Also, plenty of people (I read about 40 % of itemizers) already «lose» their SALT deduction through the AMT.

Not exact matches

But these numbers represent a modest fraction of the current 33 million itemizers, demonstrating that itemizers do not generally meet other restrictions needed to avoid filing.

Currently, itemizers are estimated to provide about 82 percent of total giving, about $ 239 billion; nonitemizers, who on average have lower incomes, provide about 18 percent of total charitable giving, about $ 53 billion.

Currently, itemizers are estimated to provide about 82 percent of total giving, about $ 239 billion; nonitemizers, who on average have lower incomes, provide about 18 percent of total charitable giving, about $ 53 billion.

These itemizers account for 82 percent of the $ 239 billion donated to charity each year.

On the flip side, 93.5 percent of tax returns with over $ 200,000 in income were itemizers.

Yes, the mortgage interest deduction would be preserved, but with the doubling of the standard deduction to $ 12,000 (for single tax filers) and $ 24,000 (for joint filers), many current itemizers taking the mortgage write - off are likely to opt for the standard deduction.