In the past,high-income taxpayers' itemized deductions have been reduced,called the Pease limitations,by the lower of 3% of the excess of AGI over the applicable amount or 80% of the itemized deductions otherwise allowable for the tax year.For 2017,this limitation on the amount of itemized deductions for high-income taxpayers is still in effect.

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The Pease limitations on itemized deductions for high-income taxpayers are still in effect for 2017, with the same reduction formula as before.

In the Past,high-Income Taxpayers' Itemized Deductions Have Been Reduced,called the Pease