Thread: 2018 Taxes
View Single Post
MBAtarga MBAtarga is online now
Registered
 
MBAtarga's Avatar
 
Join Date: Jul 2001
Location: Lawrenceville GA 30045
Posts: 7,407
We miss out on a combined $8k in property tax and GA state tax deductions due to the $10k limit - effectively a reduction of about $3k in our tax refund. I haven't completed the return yet but have an Excel spreadsheet I use during the year for planning, so I've got a pretty good model for what to expect with the change. Since I try to manage withholding during the year to minimize the refund amount I don't think we will have to pay anything extra - just won't get anything back instead.
__________________
Mark

'83 SC Targa - since 5/5/2001
'06 911 S Aerokit - from 5/2/2016 to 11/14/2018
'11 911 S w/PDK - from 7/2/2021 to ???
Old 02-07-2019, 06:12 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #4 (permalink)