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176 members (Narrow Gap, IMISSALDEER, Big Buck Video, skoor, abolt300, Dog, AU7MM08, cartervj, UA Hunter, BrandonClark, ucmducks, Geeb, PDC, Bama Buck, Double Creek2, rutwad, JohnG, donia, GRINNING, jprice, HawkPilot, El_Matador, taggedout, Mbrock, CNC, Prohunter3509, James, jhardy, geeb1, NorthFork, straycat, Hunting-231, Uokman2014, BD, Sixpointholler, sawdust, courseup, Turkeyneck78, wareagle22, Ryano, CKyleC, hayman, ThankfulHunter, janiemae, jawbone, 3bailey3, GATA87, Parker243, Ruger8point, stetson15, Jweeks, deadeye48, DGAMBLER, rhino21, Allen73, headshot, brianr, coldtrail, RidgeRanger, JLMiller, Bowhunter2011, Snuffy, MoeBuck, Young20, kpswihart, doublefistful, Okatuppa, garyc, JA, scrubbuck, shootnmiss, slanddeerhunter, Gatorfn, Mansfield, MCW, Bigwhitey, JCL, BCnLA, Big Bore, outdoorguy88, ImThere, SurveyinAL, leroycnbucks, Shane99, CatfishJunkie, Chiller, Longtine, BCD, Paint Rock 00, Yellerhammer, woodduck, lpman, HDS64, Ant67, CAL, twaldrop4, Swamp Monkey, cullbuck, Solothurn, HappyHunter, demop_native, Raspy, dave260rem!, Floorman1, Johnal3, Frankie, LostinTX, ECO25, dirtwrk, Flyliner, mzzy, Fattyfireplug, Coosa1, gman, M48scout, wk2hnt, JW1982, jdstephen44, zwick, stuball, 380jeff, jmj120, Weedpicker, Turberville, BradB, 300gr, Ron A., dtmwtp, jacannon, 7PTSPREAD, Jstewart, Scout308, Six shooter, Redman3, Backwards cowboy, fladeerhntr, bambam32, pass thru, Big AL 76, 2walnuts, AU338MAG, centralala, jake5050, dustymac, Mennen34, Kelly_123, akbejeepin, imadeerhntr, Borty, knock him down, Jstocks, cmontgomery, jsubrett6, Johnathan, 22 invisible),
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Key:
Admin,
Global Mod,
Mod
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Joined: Dec 2004
Posts: 20,185 Likes: 81
Freak of Nature
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Freak of Nature
Joined: Dec 2004
Posts: 20,185 Likes: 81 |
Hurt.......paying for the 1st time. We usually get around a grand back. Refund amount may not be a good indicator of the total tax bill. The withholding rates were less following the tax cuts. ^^This^^ Most folks can’t understand they are getting more money throughout the year on their paychecks. Then again, most folks can’t understand getting a refund isn’t a good thing and that the ideal situation is to break even.
If voting made any difference, they wouldn’t let us do it.-Mark Twain
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Joined: Jun 2010
Posts: 9,461
14 point
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14 point
Joined: Jun 2010
Posts: 9,461 |
Just turned mine in, I pay every year so hoping I don't pay as much. The wife did make about 14,000 less this year. If I break even it's a win-win
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Joined: Aug 2007
Posts: 3,621 Likes: 23
10 point
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10 point
Joined: Aug 2007
Posts: 3,621 Likes: 23 |
I get hammered on withholding because of the way I get paid.Not much to do about it.Luckily I get saved in the end by my farm.That said I got my largest refund ever.Don't know if it was Trump or depreciation on a new JD 5055e.
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Joined: Apr 2011
Posts: 868
6 point
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6 point
Joined: Apr 2011
Posts: 868 |
Got back a return and paid less total than normal so it was a win for me. I’m even getting $600 back from Alabama. We have paid in every year since I can remember .
take your kids hunting and you won't be hunting your kids
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Joined: Nov 2011
Posts: 22,608 Likes: 22
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 22,608 Likes: 22 |
Don't know if it was Trump or depreciation on a new JD 5055e.
That's the same thing. Trump's tax cuts are what let you depreciate that bad boy all at once. Didn't use to be that way.
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Joined: Nov 2007
Posts: 249
4 point
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4 point
Joined: Nov 2007
Posts: 249 |
Definitely a plus for me. Our overall effective tax rate went down over 3%. Biggest hitters were the higher standard deduction and the child tax credit increase.
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Joined: Feb 2015
Posts: 8,276 Likes: 23
14 point
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14 point
Joined: Feb 2015
Posts: 8,276 Likes: 23 |
About the same. Sadly, I have to use any tax refund I get to pay my Mom's outrageous property taxes in Texas.
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Joined: Jan 2013
Posts: 20,347 Likes: 28
Freak of Nature
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Freak of Nature
Joined: Jan 2013
Posts: 20,347 Likes: 28 |
Hurt. Can't claim milage anymore. this Yall sure about that? I'm almost sure I saw where the mileage deduction is up about 3 cents per mile for 2019. This^^ it went up 1 cent from 53.5 to 54.5 2018
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Joined: Jan 2005
Posts: 33,437
Freak of Nature
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Freak of Nature
Joined: Jan 2005
Posts: 33,437 |
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Joined: Aug 2018
Posts: 3,884
10 point
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10 point
Joined: Aug 2018
Posts: 3,884 |
About the same. Sadly, I have to use any tax refund I get to pay my Mom's outrageous property taxes in Texas. But hey, no income tax! That’s why anytime anybody talks about how some state has it so good,... they’re getting you somewhere
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Joined: Dec 2001
Posts: 14,548 Likes: 23
Booner
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Booner
Joined: Dec 2001
Posts: 14,548 Likes: 23 |
About the same. Sadly, I have to use any tax refund I get to pay my Mom's outrageous property taxes in Texas. But hey, no income tax! That’s why anytime anybody talks about how some state has it so good,... they’re getting you somewhere Yep. They make up for it in other places. Florida has no state income tax either, but property taxes are quite a bit higher than Alabama.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Joined: Dec 2001
Posts: 14,548 Likes: 23
Booner
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Booner
Joined: Dec 2001
Posts: 14,548 Likes: 23 |
Biggest hitters were the higher standard deduction and the child tax credit increase. Yep, but some don't realize that they're not able to claim some of the stuff they used to have to itemize and claim because of the higher standard deduction. They think they're getting screwed, but they're not.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Joined: Jun 2013
Posts: 57,368 Likes: 114
Freak of Nature
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Freak of Nature
Joined: Jun 2013
Posts: 57,368 Likes: 114 |
Didn't hurt us, we always deduct the maximum (Fed) we're allowed anyhow
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Joined: Apr 2015
Posts: 3,291
10 point
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10 point
Joined: Apr 2015
Posts: 3,291 |
Helped us. Got money back for the first time in 4 years
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Joined: Jan 2017
Posts: 3,182
10 point
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10 point
Joined: Jan 2017
Posts: 3,182 |
Maybe it can be deducted if you own your own business, but I can't claim any work related expenses this year on the federal return. The state will still let you do it. My milage alone is more than the 24k standard deduction. It is what it is, im sure most folks were helped especially if they didn't itemize
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Joined: Dec 2017
Posts: 1,149
6 point
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6 point
Joined: Dec 2017
Posts: 1,149 |
Definitely helped us. I do wish they’d allow work related items the option to be included.
Last edited by bdw32; 04/10/19 03:34 PM.
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Joined: Jul 2005
Posts: 19,571 Likes: 23
Old Mossy Horns
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Old Mossy Horns
Joined: Jul 2005
Posts: 19,571 Likes: 23 |
I don't know yet. I'll find out Monday I guess.
"The grass withers, the flower fades, But the word of our God stands forever." Isaiah 40:8
"Neither the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt.� Samuel Adams
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Joined: Apr 2017
Posts: 1,076
6 point
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6 point
Joined: Apr 2017
Posts: 1,076 |
My paycheck went up with the tax cuts, and my return was larger (by a good bit).
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Joined: Nov 2007
Posts: 203
4 point
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4 point
Joined: Nov 2007
Posts: 203 |
First time ever in my life that I owe on income taxes.
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Joined: Jan 2019
Posts: 413
4 point
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4 point
Joined: Jan 2019
Posts: 413 |
Not sure yet. Did not pay much tax during the year. But got hammered by the feds at the end. Got some back from the state.
This being my first year of being retired I have to figure out exactly how I really came out.
It's not how much money you make, but how much you can keep.
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