13.6 No Phaseout of Itemized Deductions

For 2012, there is no phaseout of itemized deductions, regardless of your adjusted gross income. After figuring your 2012 itemized deductions under the regular limitations for each deduction (see Chapters 14 through 20), the total is allowed on Schedule A with no reduction.

Caution: Unless Congress changes the law, there will be a phaseout of itemized deductions for 2013; see the e-Supplement for an update.

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