Tax Reform: Tax Cuts and Jobs Act (TCJA)

On December 22, 2017, President Trump signed into law Public Law 115-97, Tax Cuts and Jobs Act (clicking the link will allow you to review the entire bill from the U.S. Government Printing Office website).

TaxAct's 2018 Tax Calculator reflects the difference in estimated taxes based on the tax reform rules (calculated on the information you enter in the calculator).  Information is also provided on the effect of the tax reform on various sections of the tax return.

There are a number of IRS websites outlining the changes (all of which will be incorporated into the 2018 TaxAct programs):