In the recently passed Tax Cut and Jobs Act of 2017, all 1040 Schedule A miscellaneous itemized deductions that are subject to the 2% floor have been suspended through 2025. These include:
Employee business expenses, such as
- Business bad debt of an employee
- Business liability insurance premiums
- Casualty and theft losses from property used in performing services for an employer
- Damages paid to a former employer for breach of an employment contract
- Depreciation on a computer a taxpayer’s employer requires him to use in his work
- Dues to a chamber of commerce if membership helps the taxpayer perform his job
- Dues to professional societies
- Educator expenses
- Home office or part of a taxpayer’s home used regularly and exclusively in the taxpayer’s work
- Job search expenses in the taxpayer’s present occupation
- Laboratory breakage fees
- Licenses and regulatory fees
- Malpractice insurance premiums
- Medical examinations required by an employer
- Occupational taxes
- Passport fees for a business trip
- Repayment of an income aid payment received under an employer’s plan
- Research expenses of a college professor
- Rural mail carriers’ vehicle expenses
- Subscriptions to professional journals and trade magazines related to the taxpayer’s work
- Tools and supplies used in the taxpayer’s work
- Purchase of travel, transportation, meals, entertainment, gifts, and local lodging related to the taxpayer’s work
- Union dues and expenses
- Work clothes and uniforms if required and not suitable for everyday use
- Work related education
Other miscellaneous itemized deductions subject to the 2% floor
- Repayments of income received under a claim of right (only subject to the 2% floor if less than $3000)
- Repayments of Social Security benefits
- The share of deductible investment expenses from pass-through entities
- The deduction for expenses in connection with the determination, collection, or refund of any tax
- The deduction for expenses for the production or collection of income
- The deduction for expenses for the management, conservation, or maintenance of property held for the production of income
