Meme Spreads Bogus Tax Information
by Saranac Hale Spencer
Feb 28, 2019
2 minutes
Quick Take
A meme is circulating online with false information about changes to tax deductions. Student loan interest, medical expenses, property taxes and charitable donations are still deductible.
Full Story
The Tax Cuts and Jobs Act passed in 2017 is making some changes to the way tax liability will be calculated this year, but nothing as drastic as one viral meme is claiming.
The , which has been shared 18,000 times on Facebook, starts out
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