An Overview of 2018 Tax Reform Changes [Infographic]

Tax Reform

On December 22, 2017 the new tax reform law was passed, which will affect the taxes of most taxpayers beginning with their 2018 (the ones filed in 2019).

If you’re wondering how you’re affected, don’t worry, we have your back and will be up to date with the latest tax laws so you can file your taxes with complete confidence. If you have questions, you can connect live via one-way video to a TurboTax Live CPA or Enrolled Agent to get your questions answered on demand. A TurboTax Live CPA or Enrolled Agent can even review, sign, and file your tax return.

That being said, you may still be wondering what’s in the new tax law and how it might affect you. Check out our infographic that gives you an overview of some of the major tax provisions in the new tax law and helps you understand how they may impact you.

Comments (11) Leave your comment

  1. I LOVE TURBO TAX! They make it so easy to do your taxes. I’ve been using them for several years now and I would never go anywhere else. Thanks Turbo Tax.

  2. I understand that the new lower personal tax brackets are not permanent. When is the last year they are in effect, and to what levels will rates revert the following year?

  3. i was wondering how it works if i have not worked a job and have become a full time student with pell grants and loans. should i file single or as a dependent of this household

  4. Thanks for the info.
    Do you have input regarding those still working and collecting Social Security/
    how much tax from Social Security should be witheld? Percentage please?

  5. always use turbo tax. We need to do amended for 2016 and file for 2017.I worked out of town both years and have $5000 in union fees.Didnt find a place to claim for 2016

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