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re: Expiration of “Trump” tax cuts
Posted on 5/5/24 at 8:32 am to slackster
Posted on 5/5/24 at 8:32 am to slackster
Jumping on this thread. Would it really be a net bad?
Personal exemptions come back. Assuming they would be adjusted so 5000 per. My itemized deductions are right at 28000. Plus salt cap goes away so that would be and extra 18k or so. That’s 38k in extra deductions. My guess is it would almost be a wash.
Personal exemptions come back. Assuming they would be adjusted so 5000 per. My itemized deductions are right at 28000. Plus salt cap goes away so that would be and extra 18k or so. That’s 38k in extra deductions. My guess is it would almost be a wash.
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