ST Alpha - "My IM isn’t right that’s too high (I thought the personal and corporate rates were closer)" (Reading a Post)

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In response to "ahhhhh, got it (thanks) -- nm" by ty97

My IM isn’t right that’s too high (I thought the personal and corporate rates were closer)

Posted by spamlet Nov 4 '21, 04:57

Maybe it’s each person in a couple making $400k? I don’t know.

Responses:

I was wondering about your IM, it seemed low. - ty97 Nov 4, 04:58 8
- I’m sure it does as the deduction includes property taxes. - spamlet Nov 4, 05:03 7
  - I just can't remember if we currently have a single 10k cap on the combination of both? Or a 10k cap on each? -- nm - ty97 Nov 4, 05:05 6
    - Combined cap. -- nm - spamlet Nov 4, 05:22 5
      - Well that's pretty awful -- nm - ty97 Nov 4, 05:27 4
        
        Depends on how you look at it. They’re going to raise the money one way or another. - spamlet Nov 4, 05:40 3
        
        "They’re going to raise the money one way or another." isn't true. - ty97 Nov 4, 05:43 2
        
        I meant the Feds in that statement. And I honestly think the deduction should be zero which would take care of the IM. -- nm - spamlet Nov 4, 05:45 1
        
        Again I disagree. - ty97 Nov 4, 06:31

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