Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: CatOwner

um... I am confused... you said you are itemizing 23,000... but the new standard deduction is 24,000.. you just came out $1,000 ahead and simplified doing your taxes to boot.

Not sure what your upset about.


95 posted on 12/21/2017 12:12:58 PM PST by TexasFreeper2009
[ Post Reply | Private Reply | To 93 | View Replies ]


To: TexasFreeper2009
um... I am confused... you said you are itemizing 23,000... but the new standard deduction is 24,000.. you just came out $1,000 ahead and simplified doing your taxes to boot.

No, we're not ahead. We also (along with everyone else) lose the personal exemptions, which for just the two of us would total almost another $10k. I am not sure why this is confusing.

96 posted on 12/21/2017 12:14:50 PM PST by CatOwner
[ Post Reply | Private Reply | To 95 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


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