• Standard deductions have increased to $29,200 for married couples
  • $21,900 for heads of household
  • $14,600 for single filers
  • Annual exclusion for gifts increases to $18,000.
  • Residential clean energy up to 30% of the amount paid for qualifying property. The credit is nonrefundable, so the credit amount you receive can’t exceed the amount you owe in tax. More details here
  • Child Tax Credit- $1,700 for children under 17 years old at the end if the tax year.More details here