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groundloop

(11,518 posts)
4. It's not the cap that's screwing us...... I come nowhere near meeting the minimum to itemize
Mon Feb 11, 2019, 08:31 PM
Feb 2019

I got totally screwed this year because I can't itemize my state taxes, real estate taxes, or mortgage interest. I understand that, in theory, those things were supposed to be compensated for in the standard deduction..... but I'm magically paying around $2K more in tax with this 'cut'. This entire tax bill needs to be repealed and big business and $Billionair$ need to pay their fair share.

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