Changes to exemptions for individual filers
by Willie Sims on 12/03/18Although there was an elimination of the dependent exemption deduction beginning for the tax year 2018, families with kids under 17 may see a bigger tax refund next year. Under the new Tax Cuts & Jobs Act, the child tax credit doubled, going from $1,000.00 to $2,000.00 per child.
Comments (0)