Quote:
Originally Posted by RedFred
You understand that less money being taken out of their checks was due to a tax cut that they were promised? Which means they would have received the same refund. But there was no tax cut for them so it instead came out of their refund. Are you able to comprehend simple math?
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Also, many common deductions were erased by Trump for 2018.
The standard $6,350 deduction.
Personal exemptions.
Unlimited state and local tax deductions.
A $1 million mortgage interest deduction.
An unrestricted deduction for home equity loan interest.
Deductions for unreimbursed employee expenses.
Miscellaneous itemized deductions.
A deduction for moving expenses.
Unrestricted casualty loss deduction.
Alimony deduction.
Deductions for certain school donations.
Deductions from tax extenders.