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Get your taxes done using TurboTax
We had a 600% increase in taxes due.
We had a 40k increase in 2017-2018 salary (which is actually a 50k decrease compared to 2015) and having received refunds for the past 10 years...
We increased our 401k contributions, increased our charitable donations and had an increase normal deductions (interest and state/local taxes) - but our deduction claim dropped by close to 10k
Went from a 1k refund (2017) and a 2k refund (2016) to a 6k payment (2018)....
I knew that the Cheeto's "tax break" was an illusion, but this seems impossible.
‎February 10, 2019
8:11 AM