Tax Cuts and Jobs Act - Individuals

This handout contains an overview of the new tax law that was signed into law on December 22, 2017. This overview focuses on changes for individuals. Information includes changes to itemized deductions, adjustments to income, and the Child Tax Credit.

HIGHLIGHTS: 

  1. Tax rates.

  2. Adjustments to income.

  3. Personal exemptions.

  4. Standard deduction.

  5. Itemized deductions.

  6. Child Tax Credit.

  7. Family Tax Credit.


CLIENTS WHO MAY BENEFIT:

  1. Individual taxpayers.