Charities: Non Itemizers can now deduct up to $1K for charities without itemizing. $2K for joint filers.

Donations on Schedule A itemzed deductions, are limited to the amount that they exceed .5% of adjusted gross income.

CHILD CARE:  Maximum dependent care credit increases to $1500 for one child and $3K for two or more children dependents.

GAMBLING - Losses are limited to 90% of winnings, down from 100%

ENERGY EFFICIENT:  Credits for electric cars and energy efficient home improvements are gone.

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1099's and 1099NEC's: filing threshold increases from $600 of earnings to $2000.  This is also for gambling W2G's.

Mileage rate is 72.5 cents per mile.

OBBB - changes from last year still in effect:  no tax on qualified overtime, no tax on qualified tips, and $6,000 credit for taxpayers 65 or older, $12K for married couple, interest on a car loan for a car bought in 2026, and made in America.

More to follow

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