1–Standard deductions go UP Married filing jointly–standard deduction increase to $24,000, up from the $13,000 it would have been under previous law. Single taxpayers or married, filing separately—standard deduction increase to $12,000, up from the $6,500 it would have been for this year prior to the reform. For heads of households, the standard deduction will […]
Top 10 Tax Changes for Your 2018 Return
WRITTEN BY: Donna Green, Family and Consumer Sciences Educator, Ohio State University Extension, Erie County
REVIEWED BY: Candace J. Heer, Family and Consumer Sciences Educator, Ohio State University Extension, Morrow County
PHOTO CREDITS:
- https://search.creativecommons.org/
SOURCES:
- https://www.kiplinger.com/article/retirement/T032-C000-S003-traditional-ira-contribution-limits-for-2018.html
- https://www.fool.com/taxes/2017/12/29/your-complete-guide-to-the-2018-tax-changes.aspx