Nate Covington
Private Citizen
Taxes
2018 W4 Form - Child Tax Credit, Deduction Changes
First, I'm not a CPA and I am not offering any tax advice. I came across the new 
2018 W4 form and wanted to share my findings when I compared it to the 2017 form. See images below. The screenshots have the 2017 version on the left, and the new 2018 version on the right.
It seems the deductions for children for lowest income bracket are now worth double (4) compared to 2017 (2):
The standard deductions also doubled:
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“The refusal of King George to allow the colonies to operate an honest money system, which freed the ordinary man from clutches of the money manipulators was probably the prime cause of the revolution.”
- Benjamin Franklin
