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Personal Finance and Investing

Yonnie3

(18,767 posts)

6. For some it is the itemized deductions that will hurt as well

Reply to question everything (Reply #5)

Sun Dec 30, 2018, 03:49 PM

Dec 2018

I have no claimable dependents other than myself so I didn't think of the exemptions, my bad.

The limit on State and Local Taxes Deduction (SALT) will hurt some in high tax states.

https://www.thebalance.com/new-tax-bill-itemized-deductions-4160594 is just one of many articles on the web about this.

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A surprise tax bill? [View all] question everything Dec 2018 OP

I had to adjust MY withholding nitpicker Dec 2018 #1

Mrs. Snark is an acccountant and reviewed our situation at mid-year. Snarkoleptic Dec 2018 #2

The MAGA crowd will probably follow their leader and just sinkingfeeling Dec 2018 #3

I've done a first pass on my Federal tax and no surprises Yonnie3 Dec 2018 #4

Not so much the itemized deductions, I think that we can still do that question everything Dec 2018 #5

For some it is the itemized deductions that will hurt as well Yonnie3 Dec 2018 #6

That's true. Won't affect us but it will many question everything Dec 2018 #7