Paradise, NV
Don't you just love those letters that begin with: "We are proposing changes to your 20XX Federal Income Tax Return".....
(Topic ID: 260672)
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Quoted from KozMckPinball:#2^^^ That's what I was looking for as an explanation, thanks. See you can get free, useful advice here. With the tax changes, last year, I can no longer deduct state income taxes (part of SALT) on my Schedule A, taking the standard deduction now, hence do not have to claim the state refund anymore as income. I missed that last year. You just saved us $125 this year and I'll amend my return from last year as well. I hope this helps others. Thanks again!!
Strategic Arms Limitation Talks?
Quoted from KozMckPinball:https://smartasset.com/taxes/trumps-plan-to-eliminate-the-state-and-local-tax-deduction-explained
Careful, in this case, no SALT causes high blood pressure.
Thanks.
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