Quote:
Originally Posted by tadd
Anybody else done their taxes yet and got smacked by the new tax laws?
I got hammered by the SALT removal living in Maryland, to the tune of $4k. Never had to pay before. Only one deduction, married filling single. Guess I am going to zero...
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I got tired of sending the IRS a $12,000 check every April so I went single and zero last year.
I'm hoping it makes a difference but haven't done maths yet.
EDIT: that $12k was for a combination of fed and state taxes owed.