ilmscore | Tax Deductions Predictions
Tax

Tax Deductions

Topic
N/A
Accuracy

Recent Predictions

Total: 6
Correct: 1
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Author
Predicted at
Status
Video
New tax deductions created by the bill will be backdated to January 1st, 2025.
"It's because his new bill created new tax deductions. So these new tax deductions backdate and begin..."
ClearValue Tax ClearValue Tax
Sep 2, 2025
Pending
Tax Refund Surge Ahe...
Predicted that state and local tax deductions will be quadrupled to $40,000 starting in 2025 and running through 2029, increasing with inflation every year thereafter.
"Starting in 2025 and running all the way through 2029, state and local tax deductions have been quad..."
Graham Stephan Graham Stephan
Jul 4, 2025
Correct
BREAKING: Trump JUST...
If individual deductions exceed the standard deduction ($12,000 single, $24,000 married filing jointly), reporting this in step 4b will result in less tax being withheld.
"If you have certain deductions that are more than these standard deduction amounts, then you could c..."
ClearValue Tax ClearValue Tax
Jan 12, 2020
Pending
Como llenar la Forma...
The standard deduction is approximately $12,000 for single filers and $24,000 for those filing jointly.
"The standard deduction is approximately $12,000 if you are single or approximately $24,000 if you ar..."
ClearValue Tax ClearValue Tax
Jan 12, 2020
Pending
Como llenar la Forma...
If mortgage interest, property taxes, or charitable donations exceed the standard deduction ($12,000 single, $24,000 married), section 4b of the W-4 can be used.
"More common examples are mortgage interest and property taxes or charitable donations. If you add th..."
ClearValue Tax ClearValue Tax
Jan 12, 2020
Pending
Como llenar la Forma...
Deducting round, 'clean' figures for expenses like $1,000 for cell phone, $2,000 for supplies, or $5,000 for travel will be flagged by IRS algorithms as likely fabricated.
"if you are trying to deduct let's say your cell phone if you write cell phone expense 1,000 supplies..."
ClearValue Tax ClearValue Tax
Jan 29, 2019
Pending
IRS Audit RED FLAGS ...