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As of 2018 Taxpayers will 

No longer be penalized for not having Health Insurance on their Tax Returns. 

 The personal exemption for

 all taxpayers has be eliminated. 

Job related Moving Expenses are 

NOT deductible except for Military Personnel.

The Child Tax Credit has Increased from $1,000 to $2,000 of support for the dependent if you are to claim them on your Tax Return.

The Standard deduction will increase from $6,000 to $12,000 if filing Single from $12,000 to $24,000 if filing Married filing Jointly and from 

$9,000 to $18,000 if filing Head of Household

 As of 2017 Medical and Dental Expenses Incurred that exceed 7.5% of AGI 

Are deductible on Schedule A.

Mortgage Interest incurred after December 14, 2017  will be capped at $750,000 instead of the higher $1,000,000.

 As of 2018 Interest on Home Equity Loans is only deductible on loans to maintain or improve your home.  

Interest on equity loans for purchasing a personal car, vacation, paying off credit cards, and the like are NOT deductible.

All expenses subject to the 2% of adjusted gross income deduction (Employee Business Expenses) are NOT deductible  As of 2018 

Personal Casualty and Theft losses may  No longer be declared unless from a Presidentially Declared Disaster Area.