Standard deductions are doubled. IC remains unchanged. - Should be either the same or..

Posted: Jan 8th, 2018 - 4:39 am In Reply to: New tax cut rules - DeeAnn

better for us MTs. If you're an IC, then you do a schedule C the same as always. The same deductions should apply. If you are an employee and have increased your deductions on schedule A on other years, the only question you need to worry about is if you normally can deduct twice the standard deduction.

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