What's new for credits?
Solar Energy Systems Phase-Out: The maximum Renewable Residential Energy Systems Credit for solar power systems installed in 2019 is $1600.
What's new for Deductions?
FDIC Premium Deduction: The 2019 legislature passed SB 12, creating a subtraction from income for FDIC premiums that were not allowed to deduct on your 2018 and 2019 federal tax return. See page 17 of the TC-40 instructions.
What are the changes to the residency and domicile rules?
Residency and Domicile: Rules and Definitions have changed. See the TC-40 instructions for a complete list of changes.