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Expiring Tax Provisions 2025

Posted on 02/25/2025 ← Back to TaxBert's Tax Talk
What are the tax provisions expiring at the end of 2025?

Several key tax provisions from the Tax Cuts and Jobs Act (TCJA) are set to expire after 2025 [1].

Individual Tax Provisions Expiring:

  • Child Tax Credit increase to $2,000 and $500 Credit for Other Dependents
  • Charitable contribution AGI limit increase from 50% to 60%
  • Estate and gift tax exemption amount increase to $10 million
  • Home mortgage interest deduction limitations
  • Itemized deduction overall limitation suspension
  • Miscellaneous itemized deductions subject to 2% AGI limit suspension
  • Moving expense deduction restriction to military members
  • Employer credit for paid family and medical leave

Additional Changes Taking Effect in 2026 [2]:

  • Tax rates will revert to pre-TCJA levels (10%, 15%, 25%, 28%, 33%, 35%, 39.6%)
  • AMT exemption amounts and phase-out ranges will return to 2017 levels (adjusted for inflation)

Other Expiring Provisions [3]:

  • ABLE account rollovers from 529 plans will no longer be allowed
  • Student loan debt discharge exclusion for death or disability
  • Qualified principal residence debt cancellation exclusion

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