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To: C19fan

but they doubled your standard deduction, so unless you itemize, that alone more than makes up for it. Plus if you have kids they doubled the child tax credit and raised the income limit where it fazed out so high it wouldn’t effect anyone.


62 posted on 12/21/2017 11:37:59 AM PST by TexasFreeper2009
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To: TexasFreeper2009

My office handles about 600 Horse & buggy Amish & Mennonite families, most with many children. As a CPA I’m researching this right now and it does not look good....

12 children per family is very common.....


68 posted on 12/21/2017 11:40:30 AM PST by tired&retired (Blessings)
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To: TexasFreeper2009

The answer to the many concerns about itemization is simple. You only itemize if your itemized expenses are more than the newly doubled standard deduction.


109 posted on 12/21/2017 1:12:57 PM PST by huckfillary
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