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Trump tax break
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Replies: 7
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Trump tax break


Feb 11, 2019, 12:28 PM

"But experts have said people could see smaller refunds than expected if they didn’t adjust their paycheck withholdings after the changes took effect. Others could see their tax burden increase because the revised code eliminated some popular deductions."


https://myfox8.com/2019/02/11/your-tax-refund-could-be-lower-this-year-average-tax-refund-down-8-so-far-this-season/

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up


I kept mine at married with 2 dependents.


Feb 11, 2019, 12:55 PM

which is accurate. How ###### am I?

2024 white level memberbadge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

I like your funny words magic man


0....you will very likely pay a measurable amount less...


Feb 11, 2019, 1:14 PM

in taxes (all else held constant) than previous years.

What matters is how much you pay in taxes, not the size of your refund.

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

My check went up $40 in January


Feb 11, 2019, 1:16 PM

not sure if that's from taxes or what. Honestly haven't looked that much into it.

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I like your funny words magic man


Yeah, most peoples did...


Feb 11, 2019, 1:19 PM

the reasons some refunds are lower than in the past is the with holding tables changed.

Lower refund =/= more taxes paid though

Most people with a lower refund also paid less in taxes.

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Re: I kept mine at married with 2 dependents.


Feb 11, 2019, 4:57 PM [ in reply to I kept mine at married with 2 dependents. ]

This would depend on if you live in an area with high State income and property taxes that were claimed above $10k. That is where people that did not plan are being bitten and crying.

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Same


Feb 11, 2019, 5:01 PM [ in reply to I kept mine at married with 2 dependents. ]

and I'm happy.

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Curious what your point of posting this is...


Feb 11, 2019, 1:15 PM

what are you trying to say?

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