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Old 01-25-2019 | 08:31 PM
  #196761  
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Big E 757
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Joined: Nov 2013
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Originally Posted by iaflyer
Short answer - no, not deductible on the Federal return, some states might allow it.

I’m going to be waiting a couple months to do my taxes because I have a small LLC business and I have to get those taxes and my K-1 or 1065 (whatever it is called) back before I do my personal taxes.

To those who’ve done their taxes already, assuming owning a home and you have a family, are you getting back as much as last year or as much as you expected? Poor wording..Is your tax liability similar to last year? Unless you’re a Real Estate investor, in which case, I know uncle Don hooked you up somewhat.

I’m sure most guys/girls aren’t there yet, but for the few that might have finished or are working on them, were there any “Oh crap, I didn’t see that coming” type realizations? I haven’t really studied the new laws, because, well, tax law has got to be one of the most boring, confusing, head scratching subjects on the planet.

Just curious. Thanks.