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PoindexterOglethorpe

(25,839 posts)
5. I get so frustrated at such ignorance.
Wed Apr 24, 2019, 04:13 AM
Apr 2019

Personally, this past year I wound up paying several hundred dollars in state income tax, but got a couple of hundred dollars refund from the feds. But it honestly wasn't a problem.

I am lucky in over time (by which I mean the past 35 years or so) I've sometimes paid taxes, sometimes gotten a refund, sometimes needed to make quarterly payments, all because my personal income taxes have varied a great deal. Because of that experience, I'm no longer surprised when my taxes change.

But most people are used to a normal thing. They have money withheld, and when they file they get a bunch of money back. I understand why they didn't double check on the changes last year and are consequently blind sided by a much lower refund or needed to pay. It sucks. It really does.

So many people live on the edge. I've been there. I know what it's like. I wish I could counsel those people and help them understand and figure out what they need to do to make their lives work better. But I can't. I can only hope they figure it out for themselves.

But I will say that anyone who supported Trump fucking deserves it.

I knew this was what was going to happen Doreen Apr 2019 #1
Also, there are people whose situations didn't change at all but they're paying now. forgotmylogin Apr 2019 #12
So right CountAllVotes Apr 2019 #16
It amazes me CountAllVotes Apr 2019 #2
"You have to pay if you want to collect." ??? Laffy Kat Apr 2019 #10
The minds these people have CountAllVotes Apr 2019 #15
I wonder if it was because of the property tax cap. Honeycombe8 Apr 2019 #3
Student loans quakerboy Apr 2019 #4
You are intelligent.. congrats at140 Apr 2019 #6
So the govt instructed the employers as to the wrong % to withhold? Honeycombe8 Apr 2019 #8
They withheld less to make Trump tax-cut look bigger at140 Apr 2019 #18
"Drop in withholdings"? Oh, you mean the amt the employer withheld from paycheck. Honeycombe8 Apr 2019 #7
They didnt make a mistake. they did as as they were instructed to do quakerboy Apr 2019 #9
Nailed it quakerboy! .. nt at140 Apr 2019 #21
Even the lower earnings categories got a small tax cut, in the bracket rate. Honeycombe8 Apr 2019 #23
How many people with lower incomes had property taxes over $10K anyway ? MichMan Apr 2019 #28
True. The property tax cap hit upper middle class, or those in high-tax states. Honeycombe8 Apr 2019 #33
Why wonder? quakerboy Apr 2019 #32
Look a the time of my posts. Honeycombe8 Apr 2019 #34
Your statement of ... aggiesal Apr 2019 #36
Yes. The Repubs have been after mortgage interest & prop tax deductions for YEARS... Honeycombe8 Apr 2019 #37
I think it was reported the admin did it on purpose. forgotmylogin Apr 2019 #13
I was beginning to wonder if that was the plan. If the withholding was intentionally too little.nt Honeycombe8 Apr 2019 #24
Very similar to Dubya's $100-$200 check back in 2001. forgotmylogin Apr 2019 #29
I remember the check. Honeycombe8 Apr 2019 #30
Employers follow what the IRS instructs them! at140 Apr 2019 #19
Yep, my son could not deduct $6000 in student loan interest. sinkingfeeling Apr 2019 #11
That is totally unfair! at140 Apr 2019 #20
Nope, student loan interest is not deductible. sinkingfeeling Apr 2019 #25
Very bad policy! at140 Apr 2019 #27
The student loan deduction is still there. $2,500 cap per return. Honeycombe8 Apr 2019 #31
He prepared using TurboTax. I'll see what his return looks like. sinkingfeeling Apr 2019 #35
You were correct. He was able to deduct t $800 of $6000 in interest payments. sinkingfeeling May 2019 #38
That's not much. Honeycombe8 May 2019 #40
I get so frustrated at such ignorance. PoindexterOglethorpe Apr 2019 #5
The only way to really see dugog55 Apr 2019 #14
It is happening already! CountAllVotes Apr 2019 #17
Good post! In my own case, I got a small tax-cut at140 Apr 2019 #22
Mine went down considerably MichMan Apr 2019 #26
here's one KayF May 2019 #39
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