MOUNT VERNON — As the Knox Country Treasurer’s office closed Friday, so did the chance to file 2017 property taxes before the 2018 tax reforms take effect.
President Trump’s recently passed tax reform has changed the cap for real estate, state, and local to $10,000 and has also increased the standard deduction for those who are married and filing jointly to $24,000. Taxpayers had an opportunity to file early, prior to the end of 2018, effectively allowing them to avoid these changes and to pay under the current rules of 2017.
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