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The 8 Most Common 2019 Tax Return Questions, Answered by Experts

February 19, 2019

From The New York Times website

The most important changes to the tax code in decades have taken effect — and filers are confused. We asked CPAs and other tax-prep pros to simplify things.

Some level of bafflement attends tax-filing season every year. But in 2019, as Americans examine their returns for the first time under the full effect of the sweeping new Republican tax law, the situation is the most cryptic in memory. Some tax breaks have been erased or capped, while others have been expanded or introduced.

This is equal-opportunity anxiety. Blue-state professionals feel micro-targeted by new limits on state and local tax deductions, while filers elsewhere can’t figure out why they’re no longer getting a fat refund, if the law was supposed to be so good for them.

We asked accountants across the country to tell us their clients’ most common queries. Here are some answers.

From → Finance

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