3 Must-Know Updates: Prepare for Tax Cuts & Jobs Act Expiration

[@davidfolts5893]

Elton John: " Don't let the sun go down on me."😅

[@Bondbeer]

1. Brackets will be adjusted for inflation back to 2017. 2. Personal exemptions come back to offset reduced standard deduction 3. $10k salt limit goes away allowing more to potentially itemize

[@Bondbeer]

Won’t the brackets likely be adjusted for inflation since 2017? I get that the 12% becomes the 15% and 24% the 28% etc but I don’t think it’s realistic to go back to the dollar values that were in effect at that time for each.