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Tax brackets & rates have changed for most taxpayers with tax reform changes
Many itemized deductions have been eliminated, limited, or modified with tax reform
With the new federal tax law, the child tax credit is doubled to $2,000 through 2025
Most tax benefits remain, but a few changes could affect your tax refund expectations
The healthcare penalty has been eliminated with the new tax law changes, starting in tax year 2019
Eligible self-employed taxpayers can deduct up to 20% of qualified income with the tax reform bill
Tax reform 2018—it impacts virtually everyone. Luckily, our tax pros are well-versed in the new federal tax law, and our impact estimator tool can help set your tax refund expectations.
Tax Reform CalculatorIf you're concerned or confused about the impact on your return this year, Block has your back. Count on us for the biggest refund possible, guidance and resources on how the tax changes could affect you, and all the support you need to file confidently.
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