Brush up due for taxpayers who have children

New law changes filing credit for kids


Chandani

The Internal Revenue Service urges taxpayers with children and other dependents to use the Withholding Calculator at irs. gov to do a “paycheck checkup.”

Changes made by the 2017 Tax Cuts and Jobs Act will affect 2018 returns that taxpayers will file in 2019.

The law expanded and made significant changes to the child tax credit. It also suspended the deduction for personal exemptions. Parents and caregivers should determine how these changes could affect their 2018 tax situatio...

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