How these items are impacted under the New Legislation.

1. Unearned Income of Children

2. Capital Gains and Qualified Dividend rate

3. Alternative Minimum Tax Exemption.

4. Business Income of Individuals.

5. Limitation on Non corporate losses

6. Education Savings Rules

7. Discharge of Student Loan indebtedness

8. Overall Limitaton on itemized deduction

9. Mortgage Interest

10. State and Local taxes

11. Personal Casualty losses

12. Charitable Contribtions

13. Itemized deduction subject to 2% floor

14. Medical Expense Deduction

15. Alimony payment deduction.