By Bill Bischoff, MarketWatch
Almost all of the Tax Cuts and Jobs Act (TCJA) changes that will affect individual taxpayers kick in starting with their 2018 Form 1040. Here are the 10 changes that are most likely to affect your return.
- Lower Individual Rates
- Much bigger standard deductions but no more personal and dependent exemptions.
- New limits on deductions for state and local taxes.
