You'll need to sign in or create an account to connect with an expert.
The personal exemption amounts (amounts subtracted from your income) have been suspended for tax year 2018 through 2025 as part of the Tax Cuts and Jobs Act.
The Standard Deduction has been greatly increased, so your tax liability might be similar to last year, but you won't know until you enter everything into the program, and you won't see any change as you enter dependents.
The personal exemption amounts (amounts subtracted from your income) have been suspended for tax year 2018 through 2025 as part of the Tax Cuts and Jobs Act.
The Standard Deduction has been greatly increased, so your tax liability might be similar to last year, but you won't know until you enter everything into the program, and you won't see any change as you enter dependents.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Wedding5500
Level 4
mredi1
New Member
tuz
New Member
mkmohoke
New Member
handypfb
New Member