The TurboTax Blog • Tax Reform

Tax Reform

6 Life Changing Events and Their Tax Implications

December 12, 2019 / Ginita Wall, CPA, CFP®

The article below is up to date based on the latest tax laws. People can experience life-changing transitions over the course of just one year. These changes may include having a baby, securing a new job, moving to a new...

Full Story

Tax Reform

Tax Reform 101: 5 Things To Do Now

December 6, 2019 / TurboTaxLisa

Even if you didn’t owe money this past tax season, it’s more important than ever to get ready for the upcoming tax season now. With so many changes under the new tax reform law, we wanted to break down five...

Full Story

Tax Reform

I’m Donating to Charity This Winter, Will I Still Get a Deduction?

November 5, 2019 / TurboTaxLisa

The article below is up to date based on the latest tax laws. It is accurate for your 2019 taxes (filed in 2020). If you plan to donate to a charity before year-end, you may be wondering how the new...

Full Story

Tax Reform

How Does Tax Reform Impact My ABLE & 529 Plan Accounts?

May 6, 2019 July 10, 2019 / TurboTaxBlogTeam

If you are disabled, and your disability occurred before you were 26 years old, you may be familiar with ABLE accounts that have been around since 2014. ABLE accounts allow people with disabilities and their families to save up to...

Full Story

Tax Reform

TurboTax IRS 1040 Form and Schedules Interactive Tool

April 17, 2019 April 18, 2019 / TurboTaxLisa

In June 2018 the IRS announced they were working on changes to the 1040 tax forms. The new 1040 form consolidates the three versions of the 1040 into one form. In addition to shortening Form 1040, the changes eliminate Forms...

Full Story

Tax Reform

How Does the New Tax Law Affect My Health Insurance?

March 25, 2019 March 26, 2019 / Jim Wang

Tax Reform made changes to the tax law effective in the 2018 tax year for the majority of taxpayers. A few of the changes include the reduction of five of seven tax brackets, an increase in the standard deduction, and...

Full Story

Tax Reform

3 Important Tax Reform Tips To Get the Filing Party Started

March 1, 2019 July 22, 2019 / TurboTaxBlogTeam

Can you believe that it’s March? Not only is the year flying by, but that means we’re in the middle of tax season too. If you have been waiting to file your taxes, don’t! Now is the best time to...

Full Story

Tax Reform

3 Key Tax Reform Changes and Facts for Self-Employed [Infographic]

January 24, 2019 July 3, 2019 / TurboTaxLisa

As you may already know, tax reform has changed taxes for the majority of taxpayers beginning with tax year 2018. And if you took the plunge into self-employment in 2018, you may be wondering how the new tax law affects...

Full Story

Tax Reform

New! TurboTax Tax Reform Calculator Educates on How Tax Reform Impacts You

December 6, 2018 July 3, 2019 / TurboTaxLisa

Planning on starting your taxes soon? Is tax reform top of mind? If so, we have some exciting news to share! TurboTax has created the Tax Reform Calculator for Educational Purposes. A new interactive tax reform calculator that helps you understand...

Full Story

Tax Reform

3 Tax Deductions Are Going Away Due to Tax Reform, Here’s What You Can Still Claim [Infographic]

December 5, 2018 July 3, 2019 / TurboTaxLisa

The new tax reform law, passed in December 2017, is the largest piece of tax legislation in nearly 30 years and changed several key tax provisions for taxpayers and families. But what do these changes mean for your taxes? Most notably,...

Full Story

Search the Blog

Latest tax and finance news and tips

Search TurboTax Support

FAQ’s and community answers