STE's Infobase

The following tax benefits have expired and are not available for 2010.

• Increased standard deduction for real estate taxes or net disaster loss from a disaster occurring after 2009.
• Itemized deduction or increased standard deduction for state or local sales or excise taxes on the purchase of a new motor vehicle (unless you bought the vehicle in 2009 after February 16 and paid the tax in 2010).
• The exclusion from income of up to $2,400 in unemployment compensation. All unemployment compensation you received in 2010 generally is taxable.
• Government retiree credit.
• Alternative motor vehicle credit for qualified hybrid motor vehicles bought after 2009, except cars and light trucks with a gross vehicle weight rating of 8,500 pounds or less.
• Extra $3,000 IRA deduction for employees of bankrupt companies.
• Certain tax benefits for Midwestern disaster areas, including increased Hope and lifetime learning credits and additional exemption amount if you provided housing for a person displaced by the Midwestern storms, tornadoes, or flooding.
• Credit to holders of clean renewable energy bonds issued after 2009.
• Decreased estimated tax payments for certain small businesses.