Originally Posted by
Flyinhigh
The increased standard deduction, elimination of the AMT, and the expanded tax brackets with lower rates should help most folks out. I saw a 2% decrease in taxes for 2018 vs. 2017. I just used the standard deduction and it took me about twenty five minutes to enter everything into Turbo Tax and file. Refund hits the bank Wednesday.
Retired is the key word on your bio...
I live in a high income and property tax state. The limitation on that deduction combined with the elimination of miscellaneous deductions is very hurtful economically to me personally. Notwithstanding, my personal *****ing, think about this...
The snapback provisions of Trump's idiotic tax law will make our children pay dearly for the profits that the top 1% and corporations get to take tax free. The whole thing stinks. We (if you voted for that blow hard *******) sold our children down the river...