The Deuce: in Indiana it is 20%

Last year's tax refund: $754. This year.... - timmer February 11, 2019, 17:30:41

Our meeting is next week with the accountant. First year with my business, so I'm a bit nervous. - eta February 12, 2019, 8:55:10
Fed refund came fast - submitted last Monday and it came today. - Kimmerz February 12, 2019, 8:48:16
Sidejack--I assume everyone that makes fun of interest free loans to the government... - DT February 12, 2019, 7:11:26
- I did this for several years (or pretty close) when my bonuses kept increasing beyond my expectation - ATL February 12, 2019, 8:51:31
- Don’t think it’s as simple as getting to the maximum amount allowable, since you’re still estimating - Carl Spackler February 12, 2019, 7:24:30
Waiting on 1099s. Tried my best to adjust estimated payments. Hope I got it close to right. * - RockHollywood February 12, 2019, 6:47:07
None of my financial institutions will provide statements til next week - Stu February 12, 2019, 6:42:17
a little embarrassed to admit I’ve never adjusted my w4 after having kids* - lcubed February 11, 2019, 21:32:33
- I have a significant variable comp component. It was bad last year and will be this. - ATL February 12, 2019, 6:10:46
Aside, Turbo Tax did their darndest to try and squeeze some money out of me - timmer February 11, 2019, 20:30:30
- blood:turnip* - Illiniphil February 11, 2019, 22:26:59
I got my fed, $879. Wonder how long state will take? - DanSaint February 11, 2019, 19:19:24
I’m within ~$20 both years of you. Trummer.* - Warrin'_Illini February 11, 2019, 19:11:09
Really liking the tax credit for using my home state’s 529* - opossum jenkins February 11, 2019, 19:06:33
- in Indiana it is 20% - CubsWonWorldSeries February 11, 2019, 19:08:53
congratulations on your higher interest-free loan to the government!* - Orangeillini February 11, 2019, 18:53:07
- It's the best I can do without having to owe - timmer February 11, 2019, 19:34:27
  - Add one, then have an extra $30/month withheld. - Illiniphil February 11, 2019, 20:33:27
Our refund went up, only because we got a big tuition credit for my wife's grad program - Blazer February 11, 2019, 18:10:28
- so are certain things no longer deductible that were deductible last year? - CubsWonWorldSeries February 11, 2019, 18:58:53
  - It would also appear that for some folks, the IRS/Treasury Department - Blazer February 11, 2019, 19:22:50
    - I think that people looking into it did not find any evidence of political manipulation of the - ATL February 11, 2019, 19:31:15
    - In other words, tax break before the mid-term elections, then bill due after the elections - meanjeans February 11, 2019, 19:26:25
      - *ding ding* * - Blazer February 11, 2019, 19:27:15
  - State and local tax deduction is capped. And mortgage interest. So if you live in NY or CA, you're - meanjeans February 11, 2019, 19:04:02
    - Yep. Friend in CA went from rerund last year to owing $16,000 this year - Blazer February 11, 2019, 19:09:49
    - they didn't know about his tax plan though did they?* - CubsWonWorldSeries February 11, 2019, 19:05:48
      - You have the order of events wrong. The plan was specifically designed, after the election, to - meanjeans February 11, 2019, 19:08:16
        
        I misunderstood your point - CubsWonWorldSeries February 11, 2019, 19:10:47
        
        Yup, the latter * - meanjeans February 11, 2019, 19:18:42
Dayum. Already got the 'acceptance' text* - timmer February 11, 2019, 18:07:23
I assume the people seeing the tax hikes are mostly those in high-SALT locales?* - ECEIllinois February 11, 2019, 17:32:24
- Yeah we got focked. Also should have waited a month to get married * - meanjeans February 11, 2019, 17:40:39
  - CONGRATULATIONS!* - ATL February 11, 2019, 19:19:56
- NBC gave an example of a NY family who got $10k back last year.. - timmer February 11, 2019, 17:40:29
  - Refund amounts are rather meaningless compared to actual tax amount* - Potomac February 11, 2019, 18:03:36
    - Not to the average voter. I'm not saying they're smart, but it's pretty clear that people who are - ATL February 11, 2019, 19:20:53
      - Total tax paid is not a real tough concept, it's right there on the tax return* - Victor's bananas February 11, 2019, 20:16:15
        
        I'd say the vast majority just look at take home pay + refunds* - ECEIllinois February 11, 2019, 20:23:55
    - Not to low-information voters * - meanjeans February 11, 2019, 18:07:30
      - People with numbers like that should not be "low-info"* - Potomac February 11, 2019, 20:06:43
        
        I'd argue that people with those numbers are by definition low info * - ATL February 11, 2019, 20:08:04
        
        So let's hear it* - Victor's bananas February 11, 2019, 20:14:31
        
        W2 People getting five figures back on their tax refunds have a poor - ATL February 12, 2019, 6:01:22
        
        Or they know they are not good with money management - DT February 12, 2019, 6:44:38
        
        Isn't that the other side of this coin? In other words, low info in this case is being bad at - ATL February 12, 2019, 6:50:53
        
        In context here, low info = not understanding basics about taxes - DT February 12, 2019, 7:00:47
        
        You can do better on rates - my bank is at 2.2% - ATL February 12, 2019, 8:50:05
- Probably. Now they got less money to buy homes (1) in non-SALT locales - timmer February 11, 2019, 17:38:16

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