Posts Tagged ‘standard deduction’
Should I Itemize or Take the Standard Deduction on my 2018 Tax Return?
If you live in the State of Maryland and several other high income tax states you may have a higher tax liability by taking the higher standard deduction under the new 2018 tax law (Tax Cuts and Jobs Act – TCJA) instead of itemizing your deductions even if they are lower than the new standard…
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