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thomtac-
New Member

Why is my 2018 tax Exemption amount zero this year and last year it was $4050.00?

 
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Accepted Solutions
DanaB
Expert Alumni

Why is my 2018 tax Exemption amount zero this year and last year it was $4050.00?

The tax reform eliminated the exemption amount. Please see this FAQ for additional information:

https://ttlc.intuit.com/replies/3299967

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2 Replies

Why is my 2018 tax Exemption amount zero this year and last year it was $4050.00?

Where do you see 0?  There is no more exemptions.  You now get a double Standard Deduction.
DanaB
Expert Alumni

Why is my 2018 tax Exemption amount zero this year and last year it was $4050.00?

The tax reform eliminated the exemption amount. Please see this FAQ for additional information:

https://ttlc.intuit.com/replies/3299967

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