Propert Tax?
OK, let us try not to get political.
However, I usually pay my property tax, about $6500, in January.
I paid last January. Some people are talking about paying this year's tax before December 31, due to the tax law changes.
I am not sure that is a good idea, as I think, but I am not sure, I may get hit with the Alternative Minimum Tax in 2017, but not in 2018.
My charitable deductions, with my property tax, will certainly put me over the new 24,000 standard deduction in 2018. I think that is the reason I should wait.
Has anyone else been thinking about this and have you come up with a good answer?