TAX CUTS AND JOBS ACT (TCJA) BRINGS MAJOR CHANGES FOR INDIVIDUAL TAXPAYERS: Part 2

Alfred C. Greenfield Jr., Kaplan University, U.S.A.
Brandy M. Havens, Champlain College, U.S.A.
Tina M. Despin, Walden University, U.S.A.

Published in

INTERNATIONAL JOURNAL OF BUSINESS STRATEGY
Volume 19, Issue 1, p11-16, March 2019

ABSTRACT

This paper is a continuation of Tax Cuts and Jobs Act (TCJA) Brings Major Changes for Individual Taxpayers: Part 1 and explores additional changes expected to impact many middle and higher income taxpayers. Coverage includes changes associated with alimony, alternative minimum tax (AMT), 529 education plans, and the elimination of the individual mandate. The paper also presents a comprehensive example demonstrating a couple married filing jointly both pre-TCJA and post-TCJA highlighting the key differences.

Keywords

TCJA, Tax Reform, Tax Brackets, Standard Deductions, Itemized deductions, AMT, Alimony, 529 Plans, Child Tax Credit, Personal Exemptions


About the Article

Abstract, Keywords, Page Numbers, etc

About the Journal

Managing Editors, Indexing, Best Practices

About The Publisher

History, Partners, Conferences

Access the Full Article

Log-in to IABE to access full article

Search IABE

Search IABE's articles by Title, Author, or keyword

Contact Us

Send a message to IABE