Tax Year 2018 tax statistics data is now available from IRS. The data represent approximately 95 percent of all individual income tax returns that the IRS will process in Calendar Year 2019 and the first tax data filed under the Tax Cuts and Jobs Act.
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IRS issues notice on state and local tax deductions
The U.S. Department of the Treasury and the Internal Revenue Service issued a notice addressing the deductibility of state and local tax payments for federal income tax purposes. Notice 2018-54 also informs taxpayers that federal law controls the characterization of the payments for federal income tax purposes regardless of the characterization of the payments under state law.