Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: lucky american

I own a business and my husband owns a business plus works a job- nothing different from last year ...unfortunately we owed FIVE THOUSAND more than last year (last year got a couple hundred back). The wipeout of the personal exemptions (basically $20,000 gone) and no longer being able to take unreimbursed employee expenses literally killed us. Our CPA said the majority of his middle class clients did worse this year. Middle class hit hard, upper class ($215,000+) hit hard but not as hard as those around $85,000-$200,000. It was not a pleasant day :(


20 posted on 04/15/2019 6:43:47 PM PDT by terart
[ Post Reply | Private Reply | To 19 | View Replies ]


To: terart

I love Trump but kind of wish the Republicans (I know Trump didn’t write it) would have spent a little more time debating/looking at ramifications concerning a few changes they made. I looked at the tax return and I have no idea how anyone would be able to fill out the long form themselves...


21 posted on 04/15/2019 6:48:05 PM PDT by terart
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson