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Ask A CPA - 2018 Tax Law Changes

2018-Eligibility For Saver’S Credit

The adjusted gross income brackets for the 10%, 20%, and 50% credits are increased for 2018. No credit is allowed when AGI exceeds $31,500 for single taxpayers, $47,250 for heads of households, and $63,000 for married persons filing jointly. ABLE account contributions can now qualify for the credi

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