Upon reviewing your information, it appears to be accurate.
- The 2018 personal exemption was slated to increase to $4,150 per person before it was repealed (taken away) by Tax Cuts and Jobs Act (TCJA) on December 22, 2017. This means the $16,200 exemption you saw in 2017 was taken away and reduced to $0.
- To help offset the lost exemption, the TCJA increased the standard deduction amount. Your standard deduction amount is $24,000 (married filing jointly). It appears your itemized deductions are $23,738 which is less than the new standard deduction.
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