Remember: These Provisions Not Yet Extended

NSTPInternal Revenue Service (IRS), Joint Committee on Taxation


Legislation to extend “extenders”, i.e. tax provisions with termination dates that are typically extended, has not been enacted. As we enter tax season, here is a listing of those extenders, that, as noted in a recent report by the Joint Committee on Taxation (JCT), have not been extended to 2018. Many of these extender provisions would have been extended through the end of 2018 by the Retirement, Savings, and Other Tax Relief Act of 2018 and the Taxpayer First Act of 2018 (H.R. 88). However, on December 10, 2018, that bill was revised so as to not include those extensions. On January 15, Charles Grassley (R-IA), Chairman of the Senate Finance Committee stated that his goal is to guide extenders legislation to final enactment. However, he acknowledged that he does not have a specific plan and that no hearings on the subject have been scheduled. List of extenders that have not been extended to 2018. On January 19, the JCT released its annual report on the temporary individual, business, and energy tax extender provisions. This report contains a section that serves as a reminder of the extender provisions that expired at the end of 2017. The provisions can be fit into … Read More