Do you or your children attend a university with a large endowment?
Trump’s New Bill: Taxes, Healthcare & Your Finances Explained
The bill rolls back tax credits for clean energy, a policy Mr. Trump campaigned on.
Are you planning to make energy-efficient home improvements?
Do you want to buy an electric or a plug-in hybrid vehicle?
The bill has prioritized additional funding for immigration enforcement,and specifically includes collecting more fees from certain noncitizens.
Are you a noncitizen without a green card?
Are you an immigrant who sends money abroad to friends or family?
Your results
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1. Preserve existing tax brackets |
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2. Extend and increase standard tax deduction |
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3. Increase tax deductions for seniors |
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4. Increase cap on state and local tax deductions |
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5. Add tax deduction for income from tips |
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6. Add tax deduction for overtime income |
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7. Add tax deduction on auto loan interest |
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8. Preserve limit on mortgage interest deduction |
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9. Preserve restrictions on loss deduction |
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10. Add tax deduction for donating to charity |
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11. |
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12. Increase tax deductions for pass-thru businesses |
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13. Eliminate a tax on silencers and certain firearms |
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14.  |