2-percent floor on miscellaneous itemized deductions

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Title 26—INTERNAL REVENUE CODE > Subtitle A—Income Taxes > CHAPTER 1—NORMAL TAXES AND SURTAXES > Subchapter B—Computation of Taxable Income > PART I—DEFINITION OF GROSS INCOME, ADJUSTED GROSS INCOME, TAXABLE INCOME, ETC.

This text was captured on Sep 16, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

In the case of an individual, the miscellaneous itemized deductions for any taxable year shall be allowed only to the extent that the aggregate of such deductions exceeds 2 percent of adjusted gross income.

(Added Pub. L. 99–514, title I, § 132(a) , Oct. 22, 1986 , 100 Stat. 2113 ; amended Pub. L. 100–647, title I, § 1001(f) , title IV, § 4011(a), Nov. 10, 1988 , 102 Stat. 3351 , 3655; Pub. L. 101–239, title VII, § 7814(f) , Dec. 19, 1989 , 103 Stat. 2414 ; Pub. L. 103–66, title XIII, § 13213(c)(2) , Aug. 10, 1993 , 107 Stat. 474 ; Pub. L. 105–277, div. J, title IV, § 4004(b)(1) , Oct. 21, 1998 , 112 Stat. 2681–910 ; Pub. L. 106–554, § 1(a)(7) [title III, § 319(2)] , Dec. 21, 2000 , 114 Stat. 2763 , 2763A–646; Pub. L. 115–97, title I, § 11045(a) , Dec. 22, 2017 , 131 Stat. 2088 ; Pub. L. 119–21, title VII, § 70110(a) , (b), July 4, 2025 , 139 Stat. 164 .)

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