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Registered
Join Date: Jul 2001
Location: Lawrenceville GA 30045
Posts: 7,407
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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.
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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 ???
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