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Money and Finances
Reply to "Just did taxes...annoyed. Other people in the same boat?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes. It happened to us and you can read our example and those from others in other threads. I’m our case we went from a small refund or just about being even to owing $5700. We didn’t realize the extent of the changes and we are far from stupid.[/quote] What is your income bracket? Most of dc are in the upper 5 to 10% income range that all of dcum wants to pay more taxes.[/quote] HHI $180k[/quote] So upper class, the range that should be be paying more in taxes.[/quote] That’s not as “upper class” in NoVA as it is many other places. I don’t know that I’d say it is upper class for my area.[/quote] Most college educated folks in the greater DC area should be hitting 100k by 30-35. With two parents working that's a very easy threshold to hit and is not upper class[/quote] Some interesting factoids from the CAFR, the annual audit of D.C.'s finances: Per capita income in D.C. in 2009 was $67,377, while in 2018 it climbed to $82,170. In '09, people making more than $100k were 67% of all D.C. tax filers. In 2018, they were 77% of all filers. 77% of DC can't be upper class[/quote]
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