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?
Make a postAsk questions and learn more about your taxes and finances.
obeteta
New Member
ColoRock
Level 1
erikaeriga
Level 1
RMClark55
Level 2
mrshankly01
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.