Quote:
Originally Posted by Z K
Quote:
Originally Posted by Flying Ace
bump, anyone finish their 2018 taxes yet and have a comparison of your effective tax rates in 2017 and 2018?
Did Trump end up giving you a tax cut?
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I think most people who have a state tax and claim SALT and mortgage interest/property tax deductions will end up paying more over last year.
I ended up writing a check to the fed when I usually get a refund. No other changes year to year.
"Tax cuts" were complete BS for me - more like tax increase. |
My corporate effective rate was very low compared to 2017 and not only softened the blow it made all the changes to SALT and property taxes moot. I ended up paying much less in taxes for 2018 despite the same gross.