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To: outofsalt

not just a SALT state issue.
No longer can deduct the “miscellaneous itemized deduction” portion for home office business expenses, which effectively takes away the Home Office deduction for a lot of us, which, in our case, makes the difference between being able to itemize or not.


2,387 posted on 03/16/2019 12:10:09 PM PDT by stylin19a (2016 - Best.Election.Of.All.Times.Ever.In.The.History.Of.Ever)
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To: stylin19a

Waaaaaaaa!
Deductions affect post-taxes. They neither raise or lower taxes.
The true test was stated above, “was your take home pay higher or lower after the tax change?” THAT is taxes.
Also, as said above, make accommodations to utilize the tax code more efficiently.
Restructure your W4, max your IRA.
Sigh...expand your thinking.


2,391 posted on 03/16/2019 12:17:06 PM PDT by Cletus.D.Yokel (Catastrophic, Anthropogenic Climate Alterations: The acronym explains the science.)
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To: stylin19a
not just a SALT state issue. No longer can deduct the “miscellaneous itemized deduction” portion for home office business expenses, which effectively takes away the Home Office deduction for a lot of us, which, in our case, makes the difference between being able to itemize or not

Correct.

The President vowed to "never" raise my taxes, but he did.

I still support the hell out of the man. I love him. He is fighting the forces of evil.

But if Republicans think they are going to run in 2020 on the Tax Bill, they are insane.

2,394 posted on 03/16/2019 12:18:46 PM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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