02-12-2019, 02:45 PM
My taxes are always pretty complicated so I've used an accountant for years. I'll find out next Monday whether I'll owe this year or not. I definitely saw a monthly bump in paycheck with all things equal after the bill went into effect, but I then dialed back my exemptions in an attempt to prepare for a possible bill this year. We will see what happens, but either way I'll know if I did my calculations right or not.
I think for the vast majority of people in the US who do not itemize, the new laws tossed money back into their paychecks each month (which is a good thing). The challenge is making sure you didn't get so much that you have to cut a check at the end of the year
I think for the vast majority of people in the US who do not itemize, the new laws tossed money back into their paychecks each month (which is a good thing). The challenge is making sure you didn't get so much that you have to cut a check at the end of the year
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks