We discussed this last topic last month, I want to start an updated conversation. Does anyone have a view, or has anyone heard anything, about whether the following will be deductible on Form 8960 against Net Investment Income Tax for 2018 and onward?:
1) SALT in excess of $10,000 attributable to investment income.
2) Investment expenses in excess of 2% of AGI that were formerly deductible on Schedule A.