Originally Posted by
Buck Rogers
I think you are missing the point. Of course your rate went up...you prolly doubled your income...with a graduated income tax, your top end dollars fall into a higher bracket. If we are discussing the new tax laws as opposed to the old ones, the only valid approach is to keep the income constant and input it into the 2 different tax codes
IOW...put your probation w2 into the 2018 tax program an report back if u care to on whether it went up or down
I wish I doubled my income. But, I enjoy dropping trips too much for that.
For brevity and the fact it's a public forum, I didn't include information on that many variables. Suffice it to say, because my itemized deductions were already above the new standard deduction amount in both years, missing out on the exemptions isn't good for me. I'm glad so many others have gotten a benefit, though, and I'm surely not hurting. So, no complaints, just an anecdotal piece of data to throw out there.