IRS season: did Trump deliver? Or was the tax cut fake news?

[the cac mamba]

And there you have it folks.

another fukkin disaster

 

[feelosofer]

The tax cuts I got as a business owner essentially cancelled the cuts that I lost as a homeowner. I ended up owing this year when I usually zero out/owe a little.

 

[the cac mamba]

The tax cuts I got as a business owner essentially cancelled the cuts that I lost as a homeowner. I ended up owing this year when I usually zero out/owe a little.

so it did help business owners

 

[FAH1223]

My parents owed $2,000

My pops is requesting an extension.

Landlord called me saying he's refinancing the place and that taxes killed him this year

 

[feelosofer]

so it did help business owners

Big businesses will most likely benefit more, a small business owner like myself, I didn't benefit.

 

[Apollo Kid]

I got a refund but not as much as I received last year.

 

[Brown_Pride]

The tax cuts I got as a business owner essentially cancelled the cuts that I lost as a homeowner. I ended up owing this year when I usually zero out/owe a little.

What did you pay in taxes though?

So many people assume that because they used to get a refund and didnt this year then their taxes didnt get cut.

I paid less in taxes but got a smaller refund...which is good.

...that being said the tax cuts themselves were hot trash

 

[feelosofer]

What did you pay in taxes though?

So many people assume that because they used to get a refund and didnt this year then their taxes didnt get cut.

I paid less in taxes but got a smaller refund...which is good.

...that being said the tax cuts themselves were hot trash

At this point I don't get refunds, I usually set myself up to owe as little as possible every year. Yes, I was able to write off more of gross profits but I lost a lot of the homeowner write offs that I had in the past so I ended up owing about 5000 more than what I usually pay which is considerable. There goes my vacation.

 

[Swirv]

Got a good refund back. Filed jointly for the first time. Usually I owe since I’m self employed but I actually got a refund for the first time in 16 years. That marriage stimulus is great.

 

[Brown_Pride]

At this point I don't get refunds, I usually set myself up to owe as little as possible every year. Yes, I was able to write off more of gross profits but I lost a lot of the homeowner write offs that I had in the past so I ended up owing about 5000 more than what I usually pay which is considerable. There goes my vacation.

Yeah that home owner hit was a biggie for a lot of people. I tend to front load the year in withholdings. Around July I will adjust so I bring home more but take out less taxes so I dont get much of a refund. I try to be as close to paid in full without owning at the end of the year.

 

[jerniebert]

 

[Tommy Fits]

I paid about $3000 less in taxes, but I rather bring home more than get a big refund.

 

[DEAD7]

Just paid 28k to Uncle Sam
Expats stay getting bent over.



Taxation is theft!

 

[ADevilYouKhow]

Dems offer bill directing IRS to create free online tax filing service

 

[ADevilYouKhow]

Just paid 28k to Uncle Sam
Expats stay getting bent over.



Taxation is theft!

More like you and or your accountant are morons.