Re:How I negotiated a software-engineering job offer in Sili...
by dmode on Friday February 01, 2019 @03:47PM
(#19058427)
I filed my taxes with TurboTax last year. Did you account for state tax deduction, mortgage deduction, property tax deduction, standard deduction, child tax credits, 401k deductions, charity deductions, and a myriad of other options ? There is no way for anyone to say what an accurate effective rate would be. Mine was 28% last year
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Re:How I negotiated a software-engineering job offer in Sili...
by magnetic on Friday February 01, 2019 @05:10PM
(#19059235)
There are new rules that are not particularly advantageous for people making good money in CA due to the fact that CA has a fairly high state income tax rate and the new limits for the bucket of deductions it fits in.
https://www.fidelity.com/viewpoints/personal-finance/how-has...
If you own a home in the Bay Area, chances are you hit the limit on your property taxes alone.