Solved: Personal Exemptions Eliminated for tax years 2018-2025

Am I entitled to a personal exemption in 2018 as in prior filings?

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No. The personal exemptions are eliminated for tax years 2018-2025.

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No. The personal exemptions are eliminated for tax years 2018-2025.

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No. The new tax law eliminated personal exemptions on your federal return. Instead, you have a much higher standard deduction. You will see it on line 8 of your Form 1040.

2018 Standard Deductions:

Single $12,000 (+ $1600 65 or older)

Married Filing Separately $12,000 (+ $1300 65 or older)

Married Filing Jointly $24,000 (+ $1300 each spouse 65 or older)

Head of Household $18,000 (+ $1600 65 or older

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