Where does exemption amount from tax histroy flow from I have nothing for 2018 but all other years I do?
Under the new tax laws, the personal exemption has been eliminated for tax years 2018-2025. To make up for this the standard deduction was raised to $12,000 if you're filing single and $24,000 if married filing jointly.
Where does exemption amount from tax histroy flow from I have nothing for 2018 but all other years I do?
Under the new tax laws, the personal exemption has been eliminated for tax years 2018-2025. To make up for this the standard deduction was raised to $12,000 if you're filing single and $24,000 if married filing jointly.
