The new deduction would probably be available whether or not families itemize.

Not to mention a new deduction: She is pregnant.

The new deductions would cost taxpayers an estimated $267 million a year.

So people were seeing a new deduction from their check.

Then, even though the original benefits were still being factored into its tax bill, new deductions could be added.

The new deduction starts at $6,025 per individual, and decreases in stages until the $125,000/$250,000 income caps are met.

But the issue of when the new deductions and rules go into effect is important if you want to avoid a trip to the auditor.

The new standard deduction would almost certainly entice some people to buy health insurance who had previously elected not to.

The cap would also be used to establish the amount of the new deduction for people who lack coverage.

He has a new deduction: His first home mortgage.