The Tax Cuts And Jobs Act
Found 3 free book(s)General Explanations of the - United States Secretary of ...
home.treasury.govThe Tax Cuts and Jobs Act of 2017 replaced a graduated tax schedule (with most corporate income taxed at a marginal and average rate of 35 percent) with a flat tax of 21 percent applied to all C corporations.
2020 Tax Brackets - Tax Foundation
files.taxfoundation.orgThe Tax Cuts and Jobs Act includes a 20 percent deduction for pass-through businesses against up to $163,300 of qualified business income for single taxpayers and $326,600 for married taxpayers filing jointly (Table 7). TABLE 7. 2020 Qualified Business Income Deduction Thresholds Filing Status Threshold Single Individuals $163,300
2017 Form 760 Resident Individual Income Tax Booklet
www.tax.virginia.govto conform to the Disaster Tax Relief and Airport and Airway Extension Act of 2017, as well as most provisions of the Tax Cuts and Jobs Act (TCJA) and the Bipartisan Budget Act of 2018 that are effective for Taxable Year 2017. However, there is an exception for the TCJA provision related to the medical expenses deduction.