Expiring Tax Provisions 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