Total Members Voted: 79
TBH, I have some very unusual activity in 2018, which is causing me to do some unusual things that will raise my AGI significantly, but keep taxes under a lid, due to an unusual event.That being said, when I started running my projections for 2018 taxes, I got sticker shock at first, until I realized the huge offset I would get from the child tax credit.Now if only my CPA wouldn't drag things that much, and would work with in a timely manner, I would have a better picture of what things will look like, with the ability to plan ahead appropriately, rather than just being reactive.
Going up was an understatement. Going to skyrocket to around 11%.
I happy for you and any other middle/low class that get a break.
The beginning credit phaseout for the CTC increases to $200,000 ($400,000 for joint filers). The phaseout also applies to the new family tax credit
What caused it? The massive tax cut
I understand that you are referring to that, but there are many changes to the tax code, I was asking which change caused such a big increase.
At least we finally know the true reason behind the non-stop bashing of our Commander in Chief
The real reason is obvious. He is a scumbag and a draft dodging coward. Looks like you have something in common with him hiding behind your new account.