Thursday, 16 August 2018 11:03

2018 W4 Form - Child Tax Credit, Deduction Changes

First, I'm not a CPA and I am not offering any tax advice.  I came across the new pdf2018 W4 form and wanted to share my findings when I compared it to the pdf2017 form.  See images below.  The screenshots have the 2017 version on the left, and the new 2018 version on the right. 

It seems the deductions for children for lowest income bracket are now worth double (4) compared to 2017 (2): 

w4-comparison-1

 

The standard deductions also doubled:  

w4-comparison-2

Last modified on Thursday, 16 August 2018 11:11
Published in Politics
Tagged under
More in this category: « China Throws the Recycling Scam in the Trash Using Blockchain to Record & Count Votes during Elections »
back to top

Browse by Category

Most Popular: Political Posts

  • "I think one of the things that really separates us from the high primates is that we’re tool builders. I read a study that measured the efficiency of locomotion for various species on the planet. The condor used the least energy to move a kilometer. And, humans came in with a rather unimpressive showing, about a third of the way down the list. It was not too proud a showing for the crown of creation. So, that didn’t look so good. But, then somebody at Scientific American had the insight to test the efficiency of locomotion for a man on a bicycle. And, a man on a bicycle, a human on a bicycle, blew the condor away, completely off the top of the charts.

    And that’s what a computer is to me. What a computer is to me is it’s the most remarkable tool that we’ve ever come up with, and it’s the equivalent of a bicycle for our minds.”

    ~ Steve Jobs

More Inspirational Quotes

precision beats power