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Jalsa
Legend Username: Jalsa
Post Number: 36144 Registered: 02-2008 Posted From: 159.53.78.143
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 02:28 pm: |
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True_indian:can you tell me the reason for prepay
From next financial year, standard deduction itself is 24k. My mortgage interest + property tax will be less than 24K for sure. I have don't have any other item to add to deductions if I itemize. So from next year I'll go with standard deductions. Prepay chestey we can use that additional amount as property tax paid for 2017. |
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Moviebuff001
Side Hero Username: Moviebuff001
Post Number: 4976 Registered: 06-2013 Posted From: 174.235.15.156
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 02:27 pm: |
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I am pre-paying as I can't use itemized deductions next year. Just doesn't work for my case. Over property taxes are over 10K. Twice that to get 20K and add interest paid another 7K, takes to total over 27K. Thus... Itemization will work for this year. This ... Not counting charitable donations. |
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True_indian
Hero Username: True_indian
Post Number: 14752 Registered: 01-2008 Posted From: 76.193.121.43
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 02:16 pm: |
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Jalsa:
can you tell me the reason for prepay .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. |
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Jalsa
Legend Username: Jalsa
Post Number: 36143 Registered: 02-2008 Posted From: 159.53.174.140
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 02:10 pm: |
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basic ga every year itemize chesey situation untey like other items apart from property tax, prepaying so that prop tax paid is < 10k waste anukunta. |
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Biggboss
Side Hero Username: Biggboss
Post Number: 2862 Registered: 08-2017 Posted From: 45.62.177.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 11:54 am: |
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https://www.sfchronicle.com/business/networth/article/Should -you-prepay-your-state-income-and-property-12448762.php |
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Jalsa
Legend Username: Jalsa
Post Number: 36142 Registered: 02-2008 Posted From: 159.53.174.140
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 11:52 am: |
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True_indian:can prepay but not before jan
adenti maa friend ninnaney mortgage company ki call chestey vallu tuesday kalla chesestam ani cheppaaru annaadu? |
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Biggboss
Side Hero Username: Biggboss
Post Number: 2861 Registered: 08-2017 Posted From: 45.62.177.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 11:51 am: |
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Just heard on NPR today, that you can prepay taxes.. |
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True_indian
Hero Username: True_indian
Post Number: 14747 Registered: 01-2008 Posted From: 167.230.140.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 11:48 am: |
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can prepay but not before jan .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. |
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Jalsa
Legend Username: Jalsa
Post Number: 36141 Registered: 02-2008 Posted From: 159.53.110.142
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, December 22, 2017 - 11:46 am: |
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I know state and local taxes cannot be prepaid but property tax meedha no clarity. That's why asking. 2 quarters sesthey edho okati return vachey chance undhi kadha |