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• Their spouse; • Their child under age 19; or • Their child under age 24 who was a student, lived with the individual for more than half a year, did not provide more than half of their own support for that year, and did not earn more than $3,900 during that year. Do not count interest on a loan used for anything besides paying for education or if a relative or employer gave the loan. This deduction is capped at a monthly amount of $208. 2. Self-employment tax deduction Applies to individuals who are self-employed, who owe self-employment tax, and who are able to deduct a portion of the self-employment tax they pay. Only deduct the portion that the person can deduct on their tax return (as calculated on Schedule SE), not the entire amount of self-employment tax that is paid. 3. Spousal support, alimony, or maintenance The amount paid for court ordered spousal support, alimony or maintenance or payments under Internal Revenue Code Section 71 for a current or prior spouse as a result of a legal separation or divorce can be deducted if the payments are paid under a separation or divorce agreement finalized on or before December 31, 2018. Payments cannot be deducted if they meet one of the following criteria: • The payment was received under a separation or divorce agreement finalized on or after January 1, 2019. • The payment was received under a separation or divorce agreement finalized on or before December 31, 2018, but modified on or after January 1, 2019, and provides that Section 11051 of Pub. L. 115-97 applies to the modification which makes the alimony/spousal support non- taxable. Do not deduct more than the court ordered amount. Do not allow any deduction if the separation or divorce agreement designates the payments as being non-taxable or the date that the separation or divorce agreement was finalized or modified cannot be verified. 4. Teachers' tax-deductible expenses Applies to K-12 teachers who have up to $300 in out-of-pocket work expenses (expenses not paid for by the employer). This is capped at a monthly amount of $25. 5. Self-employed Simplified Employee Pension (SEP) and simple or qualified plan contributions Examples of these plans include: • Simplified Employee Pension (SEP) Plan • Savings Incentive Match Plan For Employees (SIMPLE) • Qualified Plan Contributions