2018 Information You Need to Know
The tax year 2018 is more than 50 percent passed and there might be some changes that you need to make in the next few months to avoid any surprises. Many of you will fall into using the new standard deduction instead of itemizing. The standard deduction is $12,000 Single or $24,000 Married. If your itemized deductions exceed the standard, then you will use the itemized deduction. The standard deduction increases $1,300 for everyone that is over the age of 65 or blind. The ta