Posted on 04/15/2019 6:39:39 PM PDT by bitt
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Probably.
The refund did go down quite a bit.
Nope, taxes up $4,000.
Unless you’re a future taxpayer. Then you got debt.
I got back every bit that was withheld last year. The first time ever.
Nope, taxes up $4,000.
*********************
Did your taxable income go up?
First, I have major issues relying on anyone who calls themselves “survey monkey” being an accurate pollster.
Secondly, more people would believe they got a tax cut if the leftist media didn’t inundate us with sob stories who often were too stupid to see the tax cut and instead bemoaned that Santa Government has left less of a refund under the tree.
I paid $100 more in taxes with my filing that last year but I also made $12,000 more in pay and my tax bracket climbed from 15% to 22%. So, without the tax cut surely I would have needed to cough up more than I did.
That’s okay. I intentionally set up my withholding so I am sending money in rather than allow Uncle Sam to keep an interest-free loan in my name.
If I wanted to go running and crying to the leftist media, I could claim I had to pay more than last year when someone with more than half a brain can figure out that I did much better this year than 2017.
I got a significant tax cut :-)
ME TOO!!
My taxes went up too. Capital gains is the reason. Government gets a nice slice of the profits for doing absolutely nothing to contribute to it.
I probably did but screwed up big time. Kids all moved out and I forgot to adjust withholdings. Just wrote a big check to the Government.
I was very happy with how taxes went this year.
Made $2500 more than last year, and paid $320 less in taxes, so we are happy.
That exact same thing happened to a friend of mine... $6K worth. His withholdings have since been corrected.
Our Fed income tax went down...my elderly Mom’s taxes went up...loss of personal exemptions ($8300.) plus large medical expenses (well over the new std. ded. of $24-$26K (Dad in a SNF). Her tax up about $1K.
I didn’t. I give a lot to charity and was not able to deduct 80% of it. So maybe less next year.
I just wrote a painful check to the IRS, but... my effective rate dropped from 21.51 last year to 18.0 this year. So, yes... I got a tax cut.
If I could designate which agency gets it, Id feel a lot better about it.
My taxes stayed the same... In the long run I’ll pay less taxes due to the doubling of the standard deduction. Thank you President Trump!
LMAO.
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