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Money and Finances
Reply to "MD Taxes and SALT"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I do my taxes with freetaxusa and made a second account to put my 2017 information in as if it was 2018 (and thus under the new tax law). Comparing the returns, the new tax law reduced our federal tax burden by ~$1,750. But, this is entirely due to us now qualifying for the $2,000 child tax credit. If we didn't have a child our tax burden would have been ~$250 higher. [/quote] What is your ballpark AGI? This seems like the result most people will get to around 150K.[/quote] AGI was 185k in 2017.[/quote]
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