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TheOther95Percent

(1,035 posts)
10. Hubs and I Got Hosed
Tue Feb 5, 2019, 01:14 PM
Feb 2019

We pay more than $30K in state and local taxes and we use to deduct those plus mortgage interest and charitable deductions. We used to claim about $50K in itemized deductions and now only get $24K raising our taxable income by $26K.

We used to get a small refund that we would use for vacation. Not this year. I'm going to let the place know that we rented (we will get our deposit back) that we can't go because our tax bill was so high.

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