Really good point there too. I’m in California and we’re doubly screwed - high income and property tax (because of the high cost of housing). I would need to check with the CPA to see if doubling the standard deduction to $24K would offset most of these deductions going away.
Of course, residents of Nevada and Texas, etc. would be sitting pretty!
Maybe. We’re a high property tax state and - in theory - you can itemize our 8 percent sales tax but I don’t know anyone who really does that.
This doesn’t feel completely integrated yet.