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PoindexterOglethorpe

(25,854 posts)

5. I haven't had mine done yet,

Reply to Joe Nation (Original post)

Thu Feb 28, 2019, 04:24 PM

Feb 2019

but I don't expect much change. My income is fairly low, and the past two years I didn't need to pay state or federal income taxes. I have now started taking income from a couple of annuities, and that may push me into paying some taxes.

A lot depends on whether or not you used to itemize and what of those things were taken away. I'm solidly in the standard deduction camp. However, I believe that increase will go away in a few years, in which case I might start owing some taxes.

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The Tax Thread: Trump's Middle Class Tax Cut Will Bankrupt YOU! [View all] Joe Nation Feb 2019 OP

Yes. Income and withholding unchanged owe more tax. Refund gone. pwb Feb 2019 #1

Same situation here crazylikafox Feb 2019 #4

I haven't had a refund for the last couple of years and it keeps getting worse. iscooterliberally Feb 2019 #2

Yes, three times what I owed last year Bradshaw3 Feb 2019 #3

I haven't had mine done yet, PoindexterOglethorpe Feb 2019 #5

I actually got a 4 figure tax cut. roamer65 Feb 2019 #6

The latest info from IRS and trump admin, says -- believe it or not -- refunds are trending up. Hoyt Feb 2019 #7

I'm not doing my part. Mine was down 50% from last year. Johonny Feb 2019 #10

Refunds are trending up - like, those who got a refund got more. But fewer are getting refunds - haele Feb 2019 #11

And yet our govt says we somehow don't have enough money to pay for area51 Feb 2019 #8

You lost your SALT. That's what happened to me. Yavin4 Feb 2019 #9

Ours is pretty much unchanged NickB79 Feb 2019 #12