irstupid said:
You done your own taxes ever? If you have, you should know that raising the standard deduction from $6,000 to $12,000 will help you out. It will help out most all people, except those that have a higher itemized deduction than that. I've done taxes before at a place and you won't find many people that high itemized deductions higher than 12,000. Those that come close or are above are what one woudl call "rich" Poor people just don't pay enough mortgage or have enough extra money to say donate to charity in those quantities. |
I've never done them. 😢 I just go to a preparer and pay them. Even when I was single with no dependents. I just don't trust myself.
numberwang said:
The marginal tax rates are to be lowered but deductions for state and local taxes could be elminated (plan is still under negotiation), so this depends on your local state taxes. |
Thanks for the info, man.
