Dependent Credit 2018

fasteddie577 · ‎June 3, 2019

I just helped a friend with their tax return and this year's tax return included a $500 credit for a dependent. Her dependent is her elderly mother. Reviewing their 2017 there was no dependent credit. Is this a new credit for the 2018 tax year? Thanks

MinhT · ‎June 3, 2019

Yes, the dependent credit is a new credit from the Tax Cuts and Jobs Act.

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MinhT · ‎June 3, 2019

Yes, the dependent credit is a new credit from the Tax Cuts and Jobs Act.

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fasteddie577 · ‎June 3, 2019

Thank you. 🙂

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Dependent Credit 2018