Tax Reform

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

Written by TurboTaxLisa
Published Dec 5, 2018 - [Updated Jul 3, 2019]
1 min read

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, the standard deduction nearly doubled ($12,000 single and $24,000 married filing jointly) and some tax deductions were either eliminated or reduced. Although some tax deductions, like the dependent exemption, went away with the passage of the new tax reform law, there are still tax deductions and credits you can claim to maximize your tax refund.

Check out our infographic to find out what tax deductions are going away effective with your 2018 taxes (the ones you file in 2019) and more tax deductions and credits you can take in their place.

Lisa has over 20 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. She has held positions as a public auditor, controller, and operations manager. Lisa has appeared on the Steve Harvey Show, the Ellen Show, and major news broadcast to break down tax laws and help taxpayers understand what tax laws mean to them. For Lisa, getting timely and accurate information out to taxpayers to help them keep more of their money is paramount. More from Lisa Greene-Lewis