Quote:
Originally Posted by notorious
The 10k cap on state tax deductions put a hurting on those states.
They’ve been using that write off as a crutch for years.
I can’t believe it when people are surprised about their return. Shouldn’t they have that figured out as the year rolls on?
|
Yeah if you have a W-2 return, sure. But the IRS just released some guidance on this QBI shit a couple weeks ago. And there is still some wonky guidance on rent income and cooperative pass throughs out there.
Normally yes, but government going to government.