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re: The tax calculator I posted has been UPDATED, now includes final bill. Repost your results

Posted on 12/15/17 at 10:53 pm to
Posted by berrycajun
Baton Rouge
Member since May 2016
6913 posts
Posted on 12/15/17 at 10:53 pm to
11,000

Sounds fantastic!
Posted by pcolatiger28
Pensacola, Fl
Member since Apr 2009
1284 posts
Posted on 12/15/17 at 10:55 pm to
When will it take effect? I’m assuming it’s not retroactive.
This post was edited on 12/15/17 at 11:04 pm
Posted by Shenanigans
Spring Hill, TN
Member since Nov 2012
2394 posts
Posted on 12/15/17 at 11:08 pm to
$3046
Posted by Tigerdev
Member since Feb 2013
12287 posts
Posted on 12/15/17 at 11:31 pm to
Why does switching to head of household with the same income cut my savings?
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 12/15/17 at 11:42 pm to
~$3,500

I think I'll give a portion of that to the Heritage Foundation. They did a fine job helping sell this and their analysis was head and shoulders above the left wing think tanks.
Posted by Taxing Tiger
Member since Mar 2013
635 posts
Posted on 12/15/17 at 11:52 pm to
$8,453. Damn right. Hope it goes through.
Posted by Perrydawg
Middle Ga Area
Member since Jan 2014
4773 posts
Posted on 12/16/17 at 6:54 am to
$4256
Posted by DEG
Atlanta
Member since Jul 2009
10549 posts
Posted on 12/16/17 at 7:51 am to
8406 but admittedly I took a wild guess at my itemized deduction value
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
17542 posts
Posted on 12/16/17 at 8:04 am to
$7,460


Would have been much more 2-4 years ago but only 1 of my 4 boys is 17 anymore
This post was edited on 12/16/17 at 8:16 am
Posted by dewster
Chicago
Member since Aug 2006
25445 posts
Posted on 12/16/17 at 8:15 am to
Save $4034 per year.

This is actually better than expected.
This post was edited on 12/16/17 at 8:17 am
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 12/16/17 at 8:42 am to
Dang


Posted by steadytiger
Member since Jan 2007
2756 posts
Posted on 12/16/17 at 8:44 am to
Knocked 20% off of my total Fed income tax. I,ll take it.
Posted by Loserman
Member since Sep 2007
22026 posts
Posted on 12/16/17 at 9:15 am to
5,186
Posted by thelawnwranglers
Member since Sep 2007
38920 posts
Posted on 12/16/17 at 9:28 am to
$4,402
Posted by Diamondawg
Mississippi
Member since Oct 2006
32514 posts
Posted on 12/16/17 at 9:35 am to
Y'all must file the 1040EZ short form to have those numbers at your fingertips.
Posted by boosiebadazz
Member since Feb 2008
80530 posts
Posted on 12/16/17 at 9:38 am to
$2,392
Posted by Balloon Huffer
Member since Sep 2010
3421 posts
Posted on 12/16/17 at 10:00 am to
You'd save $19,032


Doubt this is correct, it says I'm only set to pay $81,000 in taxes this year before the bill.....but I always pay more than that.

Perhaps I need a better tax attorney?
This post was edited on 12/16/17 at 10:02 am
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 12/16/17 at 10:01 am to
Save $7,371
Posted by TaderSalad
mudbug territory
Member since Jul 2014
24759 posts
Posted on 12/16/17 at 10:02 am to
I'd save $2500


two extra mortgage payments
Posted by ljhog
Lake Jackson, Tx.
Member since Apr 2009
19122 posts
Posted on 12/16/17 at 10:19 am to
Calculator doesn't work for my situation. It doesn't compute capital gains.
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