Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TopCat who wrote (1087610)	9/12/2018 12:42:16 PM
From: Tenchusatsu	Read Replies (3) of 1580150

TopCat, every tax season my wife and I itemized our deductions. A big chunk of that was state income taxes. Another big chunk was mortgage interest. We also make modest but significant charitable donations. Two of those deductions were cut, which represents a big tax increase given the brackets we're in. They might be offset by the lower tax rates, but I'd have to look into that further. Doesn't matter, though. I already anticipated an increase to our tax liability for this year. And I agree with one of the deductions eventually going away, namely the mortgage interest deduction. Tenchusatsu

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