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A comment on Open Source Tax Software. Parent comment

Re:Open Source Tax Software by kmonsen on Tuesday October 05, 2021 @04:16AM (#28756685)
Funny you should call it the Trump tax cut since mine went up substantially for the reasons you mention.
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Re:Open Source Tax Software by PaulDavisThe1st on Tuesday October 05, 2021 @10:26AM (#28759920)
If it went up for the reasons mentioned, it means that your (previousl) itemized deductions put you in a rather small percentage of Americans. Also an unfortunate group: rich enough to have deductions at this scale, but not rich enough to have wriggled out of a large chunk of tax obligations.
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Re:Open Source Tax Software by ineedasername on Tuesday October 05, 2021 @06:46PM (#28766699)
Or it could have been increased taxes due to the cap on SALT exemptions.
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Re:Open Source Tax Software by PaulDavisThe1st on Tuesday October 05, 2021 @10:01PM (#28768341)
The standard deduction went up to $12k. If your SALT exemptions exceed that, you're holding a rather costly mortgage.
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Re:Open Source Tax Software by kmonsen on Tuesday October 05, 2021 @10:42PM (#28768574)
LOL, welcome to the Bay Area. It was not what anyone would call a luxury home, a 3 bedroom townhome.
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