Anyone done their taxes in the U.S. yet?

I always know that the taxes we pay in England are allowed as a credit here in the states.  With our married deductions, and extra for my husband’s age, we may pay a few dollars here, but this year I have no idea what will happen.

Being the first year with the new taxation system, it looks as if we might be worse off, taking the standard deductions, and not itemizing.

We do have an accountant, and I am getting paperwork ready for our appointment next month.

Is it just me, or are the lower income filers going to pay more in tax?

Photo: Pixabay

Advertisements

20 comments

  1. I’m putting it off as usual, but lots of folks are complaining. I think it’s because they are used to getting refunds and may not now because less money has been taken out unless they chose to send in more during the year.

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.