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What's New?

New Tax Laws

R

rawdeal

TID Board Of Directors
Nov 29, 2013
4,314
3,476
I had to pay a little in for the first time in a long time. I don't mind; I hate the idea of the government using my money for up to a year interest free.

You should be happy for the opportunity DD. SOMEBODY's gotta supplement the Representatives' and Senators' incomes, lobbyists can't do it all .....
 
Gms585

Gms585

VIP Member
Mar 17, 2017
754
485
A) My business is a S-Corp so they worked out fine for me,
B) I bought a foreclosed rental property and rehabbed it. So I got a literal Fuck-Ton of losses for the year.

So for the first time in several years I got a return check!!! Whoop Whoop!
 
C

ceo

VIP Member
Oct 12, 2010
1,148
908
I didn't get slammed, BUT I would always get around 2500 every year but this year all I got back was 200!!!
But did your take home pay also increase?

Sent from my SM-G955U using Tapatalk
 
DungeonDweller

DungeonDweller

VIP Member
Mar 21, 2017
1,534
1,334
No not at all everything was the same!!
Bah, either you are not in the USA, have an extremely high income (1%er), or pay really high state income or property taxes, the itemized deduction of which was capped at a lower amount.
 
PillarofBalance

PillarofBalance

Strength Pimp
Feb 27, 2011
17,066
4,640
My income went down slightly from the year prior but my employ we never updated withholding. I still got a my usual refund which my wife promptly confiscated.
 
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