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If tax reform passes will it effect 2017 tax returns?
The present draft bill goes into effect for most provisions for tax year 2018 (returns filed in early 2019).
https://waysandmeansforms.house.gov/uploadedfiles/tax_cuts_and_jobs_act_section_by_section_hr1.pdf
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If tax reform passes will it effect 2017 tax returns?
The present draft bill goes into effect for most provisions for tax year 2018 (returns filed in early 2019).
https://waysandmeansforms.house.gov/uploadedfiles/tax_cuts_and_jobs_act_section_by_section_hr1.pdf