OBBBA Tax Law Changes
Free CFP Exam lesson in Tax Planning. 30 min read, ~4,511 words.
SALT cap raised to (from ). Phases down to floor above MAGI. Standard deduction: single, MFJ, HoH. New senior bonus of single, per spouse MFJ at age 65+. Child tax credit raised to per qualifying child under 17. Refundable portion. Phaseout unchanged. Estate, gift, and GST exemption permanently. No TCJA...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- E.36
- E.37
- E.38
- E.39
- E.40
- E.41
- E.42
- E.43
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