More tax hikes that you can anticipate for 2018 under the Republican tax bill:
#3: It’s going to cost you more to move for work. If you moved to a new city for a job in 2017, you probably get a deduction for the cost of getting yourself and your stuff from your old home to your new one. Not in 2018. The deduction for moving expenses has been eliminated.
#4: Mortgage interest deductions are reduced on big loans. You used to be able to deduct interest on up to $1 million of debt on first and second homes combined. The deduction is reduced to interest on up to $750,000 of mortgage interest, starting in 2018.