14 Ways the Tax Cuts and Jobs Act Could Change Your 2018 Taxes
The final version of the Tax Cuts and Jobs Act was released by congressional Republicans late last week, and is likely to be voted on soon by both chambers of Congress in the next few days. If it passes both the House of Representatives and the Senate, it would then go to President Trump's desk to be signed into law.
The bill contains many tax changes, so here's a quick rundown of the major changes on the individual side. As a terminology note, the compromised version of the bill that is set to be voted on is known as the "conference agreement."
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