Summary Of Tax Reform Changes Now Available

TaxConnections ADMIN GIRL

TaxConnections has had numerous requests for a written summary of the changes due to Tax Reform.  According to the Taxpayer Advocate Services (TAS) website you can view Tax Changes By Topic:

Tax Changes by Topic

The Tax Reform Changes website shows you how the new tax law may change your future tax filings and helps you plan for these changes. Currently the site addresses the most common 2017 IRS Form 1040, US Individual Income Tax Return topics and whether the tax law has changed or not. It provides line by line explanations and scenarios to describe how the new law may affect you. You can also sign up to receive email notifications as the website is updated with new tax law information.

The information on this page is categorized by tax topic in the order of the IRS Form 1040. Simply choose a tax return category such as income or payments and find information including the previous (2017) tax law information and the tax law change, if any, plus scenarios to describe how the new law may affect you.

The 2018 Form 1040, schedules and instructions are now available. Our Tax Reform Changes website shows where the new tax law items can be found on the 2018 form, in addition to the 2017 form.

TaxConnections included are: Income, Adjusted Gross Income(AGI), Tax Amd Credits, Other Taxes, Payments, Itemized Deductions(Schedule A),

You can view these changes at this TAS Link.

 

 

TaxConnections Admin

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