ST Alpha - "And also, sorry. We're expecting a lot of people to be underpaid this year. But that seems very high. -- nm" (Reading a Post)

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In response to "As an accountant, something doesn't add up in that. Are you sure your predictions/estimates were okay? That range is too large. -- nm*" by MDH

And also, sorry. We're expecting a lot of people to be underpaid this year. But that seems very high. -- nm

Posted by MDH Feb 7 '19, 11:16

(No message)

Responses:

ugh, don't want to do my taxes now -- nm - ty97 Feb 7, 11:16 16
- [deleted] 10
  - Word. -- nm - pmb Feb 7, 11:38
  - I factored that into a dry run last year and it seemed like I might balance out (less SALT but lower marginal rate). - ty97 Feb 7, 11:30 2
    - [deleted] 1
      - We jumped brackets. In 2017, our bracket was 15%. In 2018, our bracket was 24% - Mr. Havens Feb 7, 11:41
  - what do we think is going to happen post trump? will it all go back to what it was? -- nm - amanda Feb 7, 11:29 5
    - [deleted]
    - [deleted] 3
      - I'd say greater than 0% because the states that got hit most by limiting the SALT deductions are primarily blue states. -- nm - pmb Feb 7, 11:40 2
        
        [deleted] 1
        
        But it's not easy to campaign on "we'll take away these tax cuts", and very easy to campaign on "we'll bring back these tax deductions" -- nm - Roger More Feb 7, 11:46
- Yeah, there's going to be a big awakening in a few weeks when a large % of the "middle class" gets much smaller refunds or owes -- nm - MDH Feb 7, 11:20 4
  - There are already collections of tweets about it -- nm - Roger More Feb 7, 11:27
  - [deleted]
  - I claim single zero to avoid surprises. I know I'm loaning money to the government by doing so, but - amanda Feb 7, 11:23 1
    - I do single with one exemption. I end up getting a lot back usually but it's less hassle. -- nm - MDH Feb 7, 11:39

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