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Out of curiosity... Legolas Send a noteboard - 02/02/2018 09:38:23 PM

View original postKABOOM! New tax withholding guidelines were implemented at my company and I am enjoying an extra $206 in net pay. Projected savings over the year will be about $5k. All in all, this contributes nicely to my estimated tax cut of $8k (getting rid of AMT and expanding the eligibility of the child tax credit also help).

you live in New Jersey, right? Or am I misremembering that?

If I'm not mistaken, NJ was one of the states where the high state taxes and their reduced deductibility (is that even a word?) made the whole deal a lot less attractive. How do your state taxes impact the picture you describe above?

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My paycheck had an additional $150 in it yesterday... damookster - 02/02/2018 03:26:56 PM 997 Views
LOL The Shrike - 02/02/2018 03:35:47 PM 842 Views
yes. damookster - 02/02/2018 03:46:44 PM 783 Views
But but but The Shrike - 02/02/2018 03:54:07 PM 828 Views
one would hope that everyone looking at their paychecks this week would notice damookster - 02/02/2018 03:58:25 PM 804 Views
Who knows how this will be spun? The Shrike - 02/02/2018 04:07:42 PM 735 Views
This month, the public is learning..... Anonymous2000 - 02/02/2018 09:17:08 PM 779 Views
To be fair The Shrike - 03/02/2018 03:11:23 PM 797 Views
I also got a significant bump in my take-home. aerocontrols - 02/02/2018 03:41:48 PM 798 Views
automobiles exist to keep us humble damookster - 02/02/2018 04:00:40 PM 861 Views
#metoo(financial) Anonymous2000 - 02/02/2018 09:16:07 PM 851 Views
Out of curiosity... Legolas - 02/02/2018 09:38:23 PM 797 Views
Media people should not be talking about policy. They are often not good with numbers... Roland00 - 02/02/2018 10:02:24 PM 758 Views
Yes, I live in whiney NJ..... Anonymous2000 - 03/02/2018 02:19:25 PM 772 Views
#Hedidthemath The Shrike - 05/02/2018 01:04:16 PM 781 Views
Interesting, thanks for the detailed answer. *NM* Legolas - 05/02/2018 06:02:18 PM 466 Views
Plus how many companies have announced bonuses based on the corporate tax cuts? damookster - 03/02/2018 04:24:28 AM 751 Views
AT&T is more complicated than that. Roland00 - 03/02/2018 04:45:40 AM 932 Views
Here is some more twitter for you Mookie Roland00 - 02/02/2018 09:46:45 PM 894 Views
There was a great line in the new show The Alienist the other night damookster - 02/02/2018 11:30:19 PM 744 Views
Yeah I am familiar with that quote, John Kenneth Galbraith SUPPOSEDLY Roland00 - 02/02/2018 11:56:11 PM 852 Views
I give it a 9 damookster - 03/02/2018 04:21:48 AM 790 Views
Okay I will try to make time to view it then *NM* Roland00 - 03/02/2018 04:46:48 AM 450 Views
Then as long as your state income tax is <$1800 you are golden, for the next two years Joel - 04/02/2018 07:52:29 AM 1412 Views
A year is plenty of time to figure out other ways to reduce my tax liability if need be... damookster - 04/02/2018 10:57:32 PM 818 Views
Actually, The Shrike - 05/02/2018 01:14:56 PM 846 Views
mine is still the same random thoughts - 05/02/2018 06:13:29 PM 785 Views
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