Texsox Posted March 24, 2019 Share Posted March 24, 2019 I seem to keep waiting longer and longer to file mine. Quote Link to comment Share on other sites More sharing options...
greg775 Posted March 25, 2019 Share Posted March 25, 2019 For years I did it myself. Have had a guy do it for me 3 years in a row and got 2000 bucks or more back each time. What an idiot I was before. He gets a nice tip for his brilliant work needless to say. Quote Link to comment Share on other sites More sharing options...
Jerksticks Posted March 25, 2019 Share Posted March 25, 2019 My CPA has his whole roll of clients filing extensions because some of the new stuff hasn’t been litigated. Anybody else experiencing that? The new tax code seems good for me. The raise to $.58 a mile alone is a windfall of a couple extra grand of bonus beans this year. Im going to be paying less this year for sure, but haven’t dove in too deep yet. Anybody else? Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 25, 2019 Author Share Posted March 25, 2019 I’m paying about the same. I’m using standard deductions for the first time in years. Raising the deduction made my return simpler. Quote Link to comment Share on other sites More sharing options...
RichieZisk Posted March 26, 2019 Share Posted March 26, 2019 (edited) Paying for the first time ever in 30 years of filing a tax return. Yes I know my take home pay went up a bit but not much. Deductions went from $44k to $25.5K mostly due to the $10K cap on SALT taxes. If you own a home in a high property tax suburb then this tax is going to hurt. We will be part the 10% that will see an increase from the new tax plan. What state you live in is important. Homeowners in Cal, NY, NJ, and IL all get hit hard by this tax plan. Edited March 26, 2019 by RichieZisk Quote Link to comment Share on other sites More sharing options...
ptatc Posted March 26, 2019 Share Posted March 26, 2019 35 minutes ago, RichieZisk said: Paying for the first time ever in 30 years of filing a tax return. Yes I know my take home pay went up a bit but not much. Deductions went from $44k to $25.5K mostly due to the $10K cap on SALT taxes. If you own a home in a high property tax suburb then this tax is going to hurt. We will be part the 10% that will see an increase from the new tax plan. What state you live in is important. Homeowners in Cal, NY, NJ, and IL all get hit hard by this tax plan. These are the keys. The federal government no longer protecting the high tax states is a bitter pill. With the new gas tax looking to be approved in Illinois, its getting really close to the time to leave. Quote Link to comment Share on other sites More sharing options...
bigruss Posted March 27, 2019 Share Posted March 27, 2019 I freaked out for about 30 minutes in between when I entered my rental income until I entered all of the rental deductions. Had about a $10k swing there. 1 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 31, 2019 Author Share Posted March 31, 2019 I just finished the return for my deceased ex-wife. That's a really weird process. Quote Link to comment Share on other sites More sharing options...
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