Posted by Larry Hurt

Less Back on Your 2018 Refud

Less Back on Your 2018 Refud

This year tax returns are averaging about $185.00 less than last year's returns, according to the IRS. 

If you claimed one of following, the Child Tax Credit or the Additional Child Tax Credit,  you may experience a delay in receiving your refund.

A reminder, the Minimum Essential Coverage was repealed by the Tax Cuts and Jobs Act, but this change will not take effect until 1 January 2019.  It continues to apply for 2018.  If you or a dependent did not have health insurance or a qualified covered exemption from the mandate during the year, you will have to report a shared responsibility payment on the tax return.  

Larry Hurt
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