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Schedule A Deductions Changes under New Tax Law
Dec 21, 2017 16:48:37   #
pafret Loc: Northeast
 
If you would like to see how the new tax law affects your itemized deductions go to the link to the Forbes web site. It shows a Schedule A form with the changes clearly marked and there is an excellent exposition in writing down below. The amount caps, revisions and eliminations are all discussed.

https://www.forbes.com/sites/kellyphillipserb/2017/12/20/what-your-itemized-deductions-on-schedule-a-will-look-like-after-tax-reform/#672e22946334


And if you are making more money than you ever did but are living less well this might be the reason.





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Dec 22, 2017 21:37:30   #
teabag09
 
Thank you Pa but I didn't take advantage. Once all receipts and bills are in I'll find out what the Bastards are going to take or not be able to take from me and how I'll have to adapt. Of course with the new arrangements I'll adapt my strategies to my advantages as best I can.

My wife and I are this year both on retirement and SS so I don't know where we are at with all of this. I've pretty much just watched because once we elect them, writing letters doesn't do much good, and will wait to see what adjustments we will need to make to make sure we aren't screwed which I'm sure our Reps. on both side don't care a wit about. Protect yur self and yours at all times. AR-15. Mike
pafret wrote:
If you would like to see how the new tax law affects your itemized deductions go to the link to the Forbes web site. It shows a Schedule A form with the changes clearly marked and there is an excellent exposition in writing down below. The amount caps, revisions and eliminations are all discussed.

https://www.forbes.com/sites/kellyphillipserb/2017/12/20/what-your-itemized-deductions-on-schedule-a-will-look-like-after-tax-reform/#672e22946334


And if you are making more money than you ever did but are living less well this might be the reason.
If you would like to see how the new tax law affec... (show quote)

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