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Where does exemption amount from tax histroy flow from I have nothing for 2018 but all other years I do?
posted
June 6, 2019
12:13 AM
last updated
June 06, 2019
12:13 AM
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Where does exemption amount from tax histroy flow from I have nothing for 2018 but all other years I do?
UPDATED FOR TAX YEAR 2019
Under the new tax laws, the personal exemption has been eliminated for tax years 2018-2025. To make up for this the standard deduction in 2019 is $12,200 if you're filing single and $24,400 if married filing jointly.
[Edited | 4/6/2020 | 11:53am PDT]
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June 6, 2019
12:13 AM
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Where does exemption amount from tax histroy flow from I have nothing for 2018 but all other years I do?
UPDATED FOR TAX YEAR 2019
Under the new tax laws, the personal exemption has been eliminated for tax years 2018-2025. To make up for this the standard deduction in 2019 is $12,200 if you're filing single and $24,400 if married filing jointly.
[Edited | 4/6/2020 | 11:53am PDT]
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June 6, 2019
12:13 AM
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