The “Tax Cuts and Jobs Act” (TCJA) – Self-Employment & Small Business changes

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

The “Tax Cuts and Jobs Act” (TCJA) – High Earner Income changes

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

The “Tax Cuts and Jobs Act” (TCJA) – The Affordable Care Act changes

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

The “Tax Cuts and Jobs Act” (TCJA) – Retirement Account Changes

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

The “Tax Cuts and Jobs Act” (TCJA) – Adjustments & Deduction Changes

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

The “Tax Cuts and Jobs Act” (TCJA) – Standard and Itemized Deduction Changes

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

The “Tax Cuts and Jobs Act” (TCJA) – Personal Exemption & Dependent Credits

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

The “Tax Cuts and Jobs Act” (TCJA) – New 1040 Form & Updated Tax Rates

Coming Soon…


Additional Resources to enhance your knowledge of the TCJA:

You may also refer to the main IRS web page, at  IRS.gov/newsroom , for the most recent tax news updates.

Intuit the author of TurboTax® software, has an informative page at TurboTax – new Tax Law changes.

Feel free to send me an email at Mike@TaxesAreEasy.com with any comments, suggestions or improvements you can share about this Blog post. I will respond to your email question within 24-hours.


Blog Written Content ©2018 Michael D Meyer. All rights reserved.

  • Image copyrights and sources as noted below:
    • Tax Rate Tables, Capital Gain Rate Tables, AMT Tables and Vehicle Depreciation Limitation tables ©2018 The Tax Book.
    • Kiddie Tax Tables ©2018 Intuit TurboTax blog
    • Meals and Entertainment Expenses Table ©2018 Hertzback & Company, P.A. – Accountants
    • PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov

Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

2018 Tax Year (Standard & Itemized Deduction)

This Blog will explain the Standard Deduction and Itemized Deduction that are available to Taxpayers for the 2018 Tax Year. The Standard or Itemized Deduction is reported on the Bottom Half of the new “1040 Simplified” tax form, and uses the Schedule A to total the Itemized Deductions the Taxpayer qualified to use for the 2018 Tax Year.


Feel free to send me an email at Mike@TaxesAreEasy.com

Blog Written Content ©2018 Michael D Meyer. All rights reserved.

PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov


Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.

2018 Tax Year (Schedule 1) Adjustments to Income

This Blog will explain the Schedule 1 – Adjustments to Income categories that are available to Taxpayers for the 2018 Tax Year.


Line 23: Educator Expenses

Line 24: Certain business expenses of reservist, performing artists, and fee-based government officials. Attach form 2106.

Line 25: Health savings account deduction. Attach Form 8889.

Line 26: Moving expenses for members of the armed forces. Attach form 3903.

Line 27: Deductible part of self-employment tax. Attach Schedule SE

Line 28: Self-employed SEP, SIMPLE and qualified plans

Line 29: Self-employed health insurance deduction

Line 30: Penalty on early withdrawal of savings

Line 31a: Alimony paid & Line 31b: Recipient’s SSN

Line 32: IRA deduction

Line 33: Student loan interest deduction

Line 34: Reserved

Line 35: Reserved

Line 36: Add lines 23 through 35

Line 37: Subtract line 36 from line 22. Enter here and on Form 1040, line 6


Feel free to send me an email at Mike@TaxesAreEasy.com

Blog Written Content ©2018 Michael D Meyer. All rights reserved.

PDF IRS forms, instructions & publications – ©2018 Department of the Treasury Internal Revenue Service IRS.gov


Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.