topic My tax history report has always had exemption amount . 2018 exemption is 0 why? in Get your taxes done using TurboTax

My tax history report has always had exemption amount . 2018 exemption is 0 why?

wyldfireid — Tue, 04 Jun 2019 21:41:06 GMT

Personal exemptions have been eliminated for 2018-2025....

VolvoGirl — Tue, 04 Jun 2019 21:41:08 GMT

Personal exemptions have been eliminated for 2018-2025. You now get a double Standard Deduction.

FAQ on 2018 changes https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return

For 2018 the standard deduction amounts are:
Single 12,000 + 1,600 for 65 and over or blind
HOH 18,000 + 1,600 for 65 and over or blind
Joint 24,000+ 1,300 for each 65 and over or blind
Married filing Separate 12,000 + 1,300 for 65 and over or blind

For 2018 through 2025, personal exemption is ZERO

pk — Tue, 04 Jun 2019 21:41:10 GMT

For 2018 through 2025, personal exemption is ZERO

Re: Personal exemptions have been eliminated for 2018-2025....

KcuL426 — Mon, 26 Aug 2019 17:19:21 GMT

Thank you for the update! I do not agree with the +1,600 standard deduction being either 65 & over OR blind. What benefit do you get when you are 72 and blind? How can you take advantage of being 72, blind and itemize deductions?

Re: Personal exemptions have been eliminated for 2018-2025....

Critter — Mon, 26 Aug 2019 18:25:38 GMT

If you are 65 or older AND blind you get an extra $1600($1300 if filing jointly) for each item in addition to the standard deduction ....https://www.irs.gov/publications/p501#en_US_2018_publink1000289300 .... if you did not get both then you need to review your info in the MY INFO tab to make the correction.