Quoted from iceman44:Wrong again but then again I’m only a CPA, tax attorney and advisor responsible for managing $300 million AUM
Every case is different. That’s why you “consult your tax advisor”. A ton of variables
Then again I’m sure your Pinside expert has all the answers
How much does the equity in your home earn? How about when the recession hits?
You both are right, the number of individuals itemizing is estimated to go from 1 of 3 to about 1 of 7. That’s a pretty substancial drop. Originally it was estimated it would drop to 1 of 15-20. The average person will not be itemizing. Ice, give it a rest........In typical fashion you are picking a fight for no reason. For such a smart guy, you sure do have a massive chip on your shoulder.
