![]() This may have included yourself, your spouse and any qualifying dependents. Before the 2018 tax year, you likely received a personal exemption for each qualifying member of your household. The removal of personal exemptions is one of the largest changes. Here are some of the key changes to be aware of and understand. Most of these changes took effect in the 2018 tax year. It made significant changes regarding how some tax deductions and credits work for families. In December 2017, Congress passed the Tax Cuts and Jobs Act. The Tax Cuts and Jobs Act changed how families get deductions and exemptions Here's what you need to know so you can file your taxes while claiming the deductions you're entitled to.Īnd if you don't want to go it alone, TurboTax can help by asking specific questions to make sure you get every deduction you qualify for. If this is the first year you're filing your taxes, you may not be aware of some of the recent tax changes that have affected taxes and deductions for families. If you're not aware of these deductions and credits, you may be missing out on some tax savings.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |