MoneyWise | February 20, 2019

Don’t Give Up On Itemizing

Show Notes

Thanks to the Tax Cuts and Jobs Act, itemized deductions are a thing of the past now for millions of taxpayers who once filled out Schedule A on their returns. But that doesn’t mean you have to be one of them. Plenty of deductions are still available if you can rightfully claim enough of them to exceed the new higher standard deductions. On this MoneyWise, Rob West and Steve Moore talk us through the new tax laws. 

Next, they answer your questions at (800) 525-7000 and questions@moneywise.org about the following:

  • What are the best online budgeting tools?   
  • How do make sure your special needs daughter will be able to use your annuities without risk when you pass away?
  • I’m you're the executor of your mom’s estate, is there a checklist that will help you go over the things that need to be done before she passes?
  • If you've seen recent statement indicate you're losing money in a fund for public employees, should you start to move some funds around?

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