Changes to exemptions for individual filers : Tax Reform - Changes that will affect your 2018 tax return
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Changes to exemptions for individual filers

by Willie Sims on 12/03/18

Although 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.

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