District of Columbia Tax Filing

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District of Columbia Tax Details

The District of Columbia Office of Tax and Revenue made a few changes for the 2020 tax year.

The DC standard deduction rates have been increased based on the federal law. The federal Adjusted Gross Income (AGI) eligibility thresholds for the Property Tax Credit and the Earned Income Credit have also increased.

A new addition and subtraction have been added to report Qualified Opportunity Fund capital gains deferrals. Schedule QCGI has been suspended for the 2020 tax year.

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