FactCheck.org

Meme Spreads Bogus Tax Information

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

You’re reading a preview, subscribe to read more.

More from FactCheck.org

FactCheck.org10 min readAmerican Government
FactChecking Biden’s Swing-State Stops in Pennsylvania
While former President Donald Trump spent much of his week in court, President Joe Biden visited the swing state of Pennsylvania for three days and gave speeches in Scranton, Pittsburgh and Philadelphia. We flagged some false and misleading claims, i
FactCheck.org6 min readAmerican Government
Trump’s Misleading Chart on Illegal Immigration
During a speech in Green Bay, Wisconsin, former President Donald Trump pointed to a chart on apprehensions of people trying to enter the U.S. illegally at the southwest border. "See the arrow on the bottom? That was my last week in office," he said.
FactCheck.org6 min read
Posts Misrepresent Immigrants’ Eligibility for Social Security Numbers, Benefits
Immigrants who are lawfully living or authorized to work in the U.S. are eligible for a Social Security number and, in some cases, Social Security benefits. But viral posts make the false claim that "illegal immigrants" can receive Social Security nu

Related Books & Audiobooks