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re: Tax bill calculator- how much money do you end up saving/paying? Post it here
Posted on 12/13/17 at 12:28 pm to HailHailtoMichigan!
Posted on 12/13/17 at 12:28 pm to HailHailtoMichigan!
quote:
The mortgage interest in maintained for 750,000 and under
But you still have to itemize to get it, no?
The much larger standard deductions make that less likely.
0
Posted on 12/13/17 at 12:28 pm to slackster
quote:Do you understand how fricking rare it is to have 4 dependents, yet not be eligible for tax credits? That would assume 3-4 kids in college at same time.
My apologies - the new plans will mean less money in your pocket than the status quo.
Posted on 12/13/17 at 12:32 pm to HailHailtoMichigan!
house: -17000
senate:- 2100
Tax reform bill blows goats
senate:- 2100
Tax reform bill blows goats
Posted on 12/13/17 at 12:33 pm to TGFN57
It's not a coincidence that all the liberals in this thread are magically finding their tax bill going up
Posted on 12/13/17 at 12:33 pm to TGFN57
How is that possible
Posted on 12/13/17 at 12:34 pm to HailHailtoMichigan!
House Plan - Save $3,828
Senate Plan - Save $10,2690
I'll take either one. Thanks, Trump!!!
Senate Plan - Save $10,2690
I'll take either one. Thanks, Trump!!!
Posted on 12/13/17 at 12:35 pm to zzemme
quote:It's not possible. It is close to impossible for a BR resident to see their taxes go up.
How is that possible
Posted on 12/13/17 at 12:36 pm to HailHailtoMichigan!
House Plan: save $2,191
Senate Plan: save $1,792
Senate Plan: save $1,792
Posted on 12/13/17 at 12:37 pm to HailHailtoMichigan!
House save $8200
Senate save $21,200
Senate save $21,200
Posted on 12/13/17 at 12:38 pm to HailHailtoMichigan!
quote:
Do you understand how fricking rare it is to have 4 dependents, yet not be eligible for tax credits? That would assume 3-4 kids in college at same time.
, what are you fussing about? LSURussian said he couldn't find a scenario where the tax reform was worse than the status quo. I found one. Pretty simple. 
Posted on 12/13/17 at 12:40 pm to slackster
I'd love to see how many American parents currently have more than 2 kids in college at same time
Posted on 12/13/17 at 12:43 pm to HailHailtoMichigan!
1630 senate
1360 house
said current os.0 which was close, i got 35 bucks last year....
1360 house
said current os.0 which was close, i got 35 bucks last year....
Posted on 12/13/17 at 12:45 pm to Lakeboy7
Save over $3k for both!
Wife, who files separately, would save over $2k for both!
NIIIIIIIIIIIIIIIIIIIIIIIIIICE
Wife, who files separately, would save over $2k for both!
NIIIIIIIIIIIIIIIIIIIIIIIIIICE
Posted on 12/13/17 at 12:45 pm to HailHailtoMichigan!
We would save $7000-$9000
We normally pay $12K per year due to pass through profit taxation on a business we own.
We normally pay $12K per year due to pass through profit taxation on a business we own.
Posted on 12/13/17 at 12:47 pm to HailHailtoMichigan!
quote:
I'd love to see how many American parents currently have more than 2 kids in college at same time
I don't understand why that matters?
Plug it into the calculator - $36k, married filing jointly, 4 children under 17...
Posted on 12/13/17 at 12:49 pm to HailHailtoMichigan!
House +3600
Senate +3050
Senate +3050
Posted on 12/13/17 at 12:57 pm to HailHailtoMichigan!
Decidly middle class fellow here.
Save 2500 with the House.
Save 2800 with the Senate.
Winning.
Save 2500 with the House.
Save 2800 with the Senate.
Winning.
Posted on 12/13/17 at 1:03 pm to HailHailtoMichigan!
quote:Yeah no pass-through, not too much in cap gains, single, income in mid-low 100s, high state taxes (when I switch to Virginia at least), highish property taxes, high mortgage deduction.
It's not a coincidence that all the liberals in this thread are magically finding their tax bill going up
The change is minimal, so no beef. But it's not just guys raising four kids on $40k who won't benefit.
I still like the plan if it spurs sustained growth.
Posted on 12/13/17 at 1:05 pm to HailHailtoMichigan!
Lose 800
Lose 500
yeah middle class tax cuts
Lose 500
yeah middle class tax cuts
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