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Jrsygrl96

(199 posts)
4. SALT Good. MF45 Bad.
Tue Feb 12, 2019, 02:35 PM
Feb 2019

For the tax year 2018 my husband and I will not itemize since all the things we used to be able to write off are gone (i.e. accountant fees, work clothes, union dues, teaching supplies, etc). We are allowed $20,000 in SALT deductions. We live in NJ, hubby works in NY. Last year we paid $9,100 in NY state tax alone. Our property taxes in NJ are $10,000, and we live in a town that has one of the lowest tax rates in the state! We have not filed income taxes yet, but the new Republican tax plan is going to kill us.

It's hard enough trying to keep our head above water with a child in college! They want to make it about race and immigration. It's NOT!! It's rich vs. poor. They do not want a middle class! And they are winning. 😤😤😤

Recommendations

0 members have recommended this reply (displayed in chronological order):

I totally believe Trump understood what he was doing. no_hypocrisy Feb 2019 #1
Re Ryan and McConnell JustAnotherGen Feb 2019 #2
I think this is one of their strategies, actually... Perrenial Voter Feb 2019 #3
I forgot how long their game was JustAnotherGen Feb 2019 #6
SALT Good. MF45 Bad. Jrsygrl96 Feb 2019 #4
I'm sorry Jrsygrl JustAnotherGen Feb 2019 #5
Latest Discussions»Region Forums»New Jersey»Stop Attacking Local Taxp...»Reply #4