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Deductions & credits
This year the personal exemption (4,050 for 2017) has been eliminated. But the Standard Deduction will be double.
This year deductions are changing and several will be limited. There is a max 10,000 limit of State, local, property, and sales tax (SALT) deduction. And employee job expenses have been suspended. You can only deduct Medical/Dental that's over 7.5% of your AGI.
FAQ on 2018 changes https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return
Deductions that have been suspended for 2018
https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...
This year deductions are changing and several will be limited. There is a max 10,000 limit of State, local, property, and sales tax (SALT) deduction. And employee job expenses have been suspended. You can only deduct Medical/Dental that's over 7.5% of your AGI.
FAQ on 2018 changes https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return
Deductions that have been suspended for 2018
https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...
‎June 1, 2019
1:00 PM