I’m not. I blew all of my money on a Porsche and a range and bought a house that was way over budget. Also I pay a holding fee to guarantee my kid will get a spot in private school in two years. I could be wealthy if I lived like a ***** but I’m from the streets.
2018 Taxes
- Thread starter Cyclone06
- Start date
I’m not. I blew all of my money on a Porsche and a range and bought a house that was way over budget. Also I pay a holding fee to guarantee my kid will get a spot in private school in two years. I could be wealthy if I lived like a ***** but I’m from the streets.
I agree with this in principle. But the IRS is who made adjsutments to their tables. So even if you didn't change any deductions, your situation changed. I don't think most people really understood it.
The cynic in me would say that they were politically motivated to be aggressive in those adjustments to get folks a bigger impact on their paychecks in an election year. Now, people are realizing that extra money on their paycheck wasn't as real as they thought.
My former employer would not mail them out until the first full week of Feb.
Then they were not complying with the law...at least as it stands today.
You said "former employer" so maybe the law was different back then but I don't believe it has changed anytime in the near past.
Municipal income taxes are the worst. Screw you, Ohio!
The IRS can't make any adjustment if not mandated somehow by law. We all love to hate on the IRS, but they are only following what is handed to them by the congress/Prez.
I certainly owe more this year than last. The loss of deductions is a big hit for me.
I'm in sales and incur a lot of expenses that my employer doesnt reimburse. They took away the write offs for miles and other expenses. Fortunately I still wont have to pay in, but my return is about 5K less than normal. Without that deduction it is better for me to take the standard deduction for the first time in my life. Fortunately I got married this past year or I would owe thousands. Needless to say I'm not happy about it. I read it affects close to 14 million people that didnt know about it, like myself.
10-ish years ago. Somehow it was always dated 1/31 but not actually mailed until a few days into February. One year we didnt receive them until 2/10. Something about their payroll processor and an agreement they had where ours could be the last ones processed or something like that.
Yeah that's actually what they were doing. Didnt really understand why they were doing it but whatever. Not like it really mattered.
If it makes anyone feel better, I just realized the last two years I'd been putting my total wages where my wages minus the pre tax deductions should have gone. So...I overpaid by almost $7k... Because I'm an idiot. I was gathering my wages from my last pay stub and entering in the number before I got my w2. And I guess never checking. Oh well. I have two nice amended returns coming!
I itemized last year with them free of charge. I don’t have any capital gains so that may well be something they charge for
Looking at the supported forms this year it does look like Schedule A got moved to a paid tier. That kinda sucks, but filing joint I won’t beat the standard deduction anymore anyway
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