5 Tax Deductions That Disappeared for 2018
The Tax Cuts and Jobs Act eliminated the majority of Itemized Deductions, and personal exemptions. Even though tax reform nearly doubled the standard deduction for each filing status, there will be some families who see an increase in taxable income depending on the size of your family. Check out this video to see if any of these deductions impact you!
**THIS VIDEO IS FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES ONLY. PLEASE CONSULT YOUR TAX PROFESSIONAL REGARDING YOUR SITUATION.**
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