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Don't forget your taxes are due soon, the old tax code still applies this year


CHARLESTON, W.Va. (WCHS/WVAH) — Taxes are due in 17 days and this is the last year you will be able to qualify for certain deductions.

The big tax reform passed by Congress will impact many people but you won't many of those changes until next year. A West Virginia tax professional said some of his customers think changes happened for 2017.

"A lot of people really have held off in doing there taxes simply because they are still a little bit confused but we are going on last year's rules not next year's rules," Charleston Liberty Tax Service owner, Roger Kratz said.

The old tax code is still in effect for filing those 2017 taxes.

"About 49 percent of the people are going to file in the five or six weeks of tax season so this is a very busy time," Kratz said.

Kratz said this is the last year to file for certain deductions like moving expenses and personal exemptions.

"The standard deduction will double next year and the exemptions will be excluded and the child tax credits will go from $1000 up to $1600 per child and there will even be some additional credits for non-children living at home. There is a lot of things that are going to change," explained Kratz.

Kratz said people should keep their records the same for next year. Also, it's important if you go to a tax professional to have all your proper documentation.

Tax day is two days later than usual with the date being April 17 this year. Taxes must be filed by then or have an extension filed.

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