| Author | Message | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 4936 Registered: 06-2013 Posted From: 174.235.10.224 Rating: N/A |
Tax rate kooda taggindi kada. It should offset that 3 to 4k. That and child credit. Use tax calculators. Almost anni sites lo okate undi. | ||
Biggboss Side Hero Username: Biggboss Post Number: 2845 Registered: 08-2017 Posted From: 45.62.177.6 Rating: N/A |
CA ki ekkuva bokka...example if you are making 200k (wife and husband combined) you are paying 9.3% state tax approximately 18k in state taxes and if you'r home is worth 700k another 7k in property taxes inthaka mundhi 25k (SALT) deduction undedhi...ippudu only 10K varaku...so effectively 15k meedha oka 3-4k bokka | ||
Guriginja Legend Username: Guriginja Post Number: 37642 Registered: 02-2008 Posted From: 96.32.181.46 Rating: N/A |
yes we should be happy for saving another 1000 or so per person which will expire in 10yrs, meanwhile companies and miilionars will live happily ever after....the country's debt will increase and there will be no money to keep up with infrastructre, edu. institutions et....desam lo manam peddha kompa kattukoni vuntam..sakranga road drianagwe yemi vundadhu...we are happy...someone else's problem is not my problem ani anukuntu..all is well type anukovacchu india lo lagane.... | ||
Aquarian Side Hero Username: Aquarian Post Number: 6129 Registered: 12-2012 Posted From: 69.60.84.14 Rating: N/A |
ikkada mathematicians chala mandhi vunnattu vunnaru..so I don't want to scratch my brain.. 90K bracket lo with 2 kids vunte..kotha deduction entha? | ||
Jalsa Legend Username: Jalsa Post Number: 36139 Registered: 02-2008 Posted From: 38.121.140.98 Rating: N/A |
yes difference b/w other states is around 3-4 percentage points....damn! | ||
Analog Side Hero Username: Analog Post Number: 4797 Registered: 05-2008 Posted From: 207.43.172.140 Rating: N/A |
with lowered tax bracket you are at advantage I think..Maa CA and other high cost states meeda paga pattunnattunnattu undi | ||
Saarang Hero Username: Saarang Post Number: 16688 Registered: 06-2012 Posted From: 206.29.176.75 Rating: N/A |
I think it will not make much of a difference for you....Mee mortgage interest, State income tax, property tax total cheppandi for exact impact. | ||
Saarang Hero Username: Saarang Post Number: 16687 Registered: 06-2012 Posted From: 206.29.176.75 Rating: N/A |
New Jersey may fight the 'legality and constitutionality' of GOP tax plan, says Democratic Gov.-elect Murphy https://www.cnbc.com/2017/12/20/new-jersey-may-fight-gop-tax -plan-in-court-says-governor-elect.html | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13012 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
maa VA vallaki cheppandi, benefit or loss. Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5087 Registered: 03-2014 Posted From: 129.135.0.21 Rating: N/A |
>> nenu cheppedi neeku 18 years kanna pedda kids undi vallani kooda dependents gaa claim chesi vallaki exemptions teesukovadam is not a fair thing. what are you talking man? According to current IRS rules, you can claim dependent until 24 and take exemptions | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5086 Registered: 03-2014 Posted From: 129.135.0.21 Rating: N/A |
Expands child tax credit: The credit would be doubled to $2,000 for children under 17. It also would be made available to high earners because the bill would raise the income threshold under which filers may claim the full credit to $200,000 for single parents, up from $75,000 today; and to $400,000 for married couples, up from $110,000 today. | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 9103 Registered: 06-2012 Posted From: 183.83.212.146 Rating: |
nenu cheppedi neeku 18 years kanna pedda kids undi vallani kooda dependents gaa claim chesi vallaki exemptions teesukovadam is not a fair thing. | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5085 Registered: 03-2014 Posted From: 129.135.0.21 Rating: N/A |
>> 18 datina vallani dependent gaa claim cheyyadam enduku To get Education Credit ( $2500 ) | ||
Saarang Hero Username: Saarang Post Number: 16686 Registered: 06-2012 Posted From: 206.29.176.75 Rating: N/A |
Which state? California, New York, New Jersey vaasiyo ki bokka padocchu...even Republicans from these states voted against...rest do festival. | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 9102 Registered: 06-2012 Posted From: 183.83.212.146 Rating: N/A |
18 datina vallani dependent gaa claim cheyyadam enduku. | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 4929 Registered: 06-2013 Posted From: 104.129.194.119 Rating: N/A |
Phased out kada. 150K datite emi ledu. | ||
Sachin Legend Username: Sachin Post Number: 42910 Registered: 04-2008 Posted From: 108.171.130.163 Rating: N/A |
naaaku 4K tax cut abntunnaadu...married with no kids andarikee almost ide range untademo | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 9100 Registered: 06-2012 Posted From: 183.83.212.146 Rating: N/A |
You gain only 2000. Idi varaku kooda 2000 vacchedi le. | ||
Saarang Hero Username: Saarang Post Number: 16685 Registered: 06-2012 Posted From: 206.29.176.75 Rating: N/A |
New tax rates are lower across all brackets | ||
Saarang Hero Username: Saarang Post Number: 16684 Registered: 06-2012 Posted From: 206.29.176.75 Rating: N/A |
old personal personal exemptions place hole...those get phased out after the income limit...new standard deduction lowers my taxes...jai dump...low taxes unna states lo lot better than old tax rule. | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5079 Registered: 03-2014 Posted From: 129.135.0.21 Rating: N/A |
Child tax credit raavataaniki, Child should be under 18.. | ||
Bharat Side Hero Username: Bharat Post Number: 5024 Registered: 06-2015 Posted From: 149.168.240.7 Rating: N/A |
sorry...may be I'm wrong...they increased the phase out income...so will be eligible | ||
Hero Hero Username: Hero Post Number: 11184 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-ca lculator.html | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 4928 Registered: 06-2013 Posted From: 104.129.194.119 Rating: N/A |
In this example you lose 4200 in AGI. Meaning additional tax of Let's say 25% = 1050. But you gain 4000 in child tax credits. 2950 ahead. No? | ||
Bharat Side Hero Username: Bharat Post Number: 5023 Registered: 06-2015 Posted From: 149.168.240.7 Rating: N/A |
not eligible | ||
Analog Side Hero Username: Analog Post Number: 4796 Registered: 05-2008 Posted From: 207.43.172.140 Rating: N/A |
new child tax credit be doubled to 2000. 2 kids ki that translates to 6K. Still over all 10K less deductions | ||
Bharat Side Hero Username: Bharat Post Number: 5022 Registered: 06-2015 Posted From: 149.168.240.7 Rating: N/A |
correct....$4,900 lost in deductions | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 9099 Registered: 06-2012 Posted From: 183.83.212.146 Rating: N/A |
2 kids aithe idi varaku 2k credit vacchedi. Ippudu 4k vasthadi. Nuvvu cheppina dani batti loose ayyedi 4900 in deduction. Nuvvu 24% braket lo unnavanuko. You will loose 1176 but will gain 2000. Ippudu cheppu. | ||
Bharat Side Hero Username: Bharat Post Number: 5021 Registered: 06-2015 Posted From: 149.168.240.7 Rating: N/A |
It's true...read the third point http://money.cnn.com/2017/12/15/news/economy/gop-tax-plan-de tails/index.html | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5078 Registered: 03-2014 Posted From: 129.135.0.21 Rating: N/A |
>> if you are married with 2 kids, you will lose $16,200 in deductions. New deduction = 24,000 Old deduction = 12,000 + 4*4,050 = 28,200 | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 5077 Registered: 03-2014 Posted From: 129.135.0.21 Rating: N/A |
>> if you are married with 2 kids, you will lose $16,200 in deductions.  | ||
Bharat Side Hero Username: Bharat Post Number: 5020 Registered: 06-2015 Posted From: 149.168.240.7 Rating: N/A |
Increased standard deduction by $11,300 but eliminated personal exemption of $4,050 for each individual and dependent. So if you are married with 2 kids, you will lose $16,200 in deductions......trump gaadi pindakudu...veedu malli biggest tax cuts ani saava dnguthunnadu | ||
Analog Side Hero Username: Analog Post Number: 4795 Registered: 05-2008 Posted From: 207.43.172.140 Rating: N/A |
https://www.fool.com/taxes/2017/12/18/14-ways-the-tax-cuts-a nd-jobs-act-could-change-you.aspx |
