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The Water Cooler
General Discussion
How many of you people are retired? Are you benefiting from the new federal tax rate?
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<blockquote data-quote="Uncle TK" data-source="post: 3083510" data-attributes="member: 31781"><p><img src="https://amp.businessinsider.com/images/5a5e453ef42149ab008b51d0-960-662.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p>Above is tax brackets for a married couple</p><p>2017 12,700 + 8,100 = 20,800 before you get taxed using the above rates</p><p>2018 24,000 + 0 = 24,000 before you get taxed using the above rates</p><p>If you itemized in 2017 and cannot itemize in 2018 your Oklahoma taxes will increase (12,700 to 24,000)</p></blockquote><p></p>
[QUOTE="Uncle TK, post: 3083510, member: 31781"] [IMG]https://amp.businessinsider.com/images/5a5e453ef42149ab008b51d0-960-662.png[/IMG] Above is tax brackets for a married couple 2017 12,700 + 8,100 = 20,800 before you get taxed using the above rates 2018 24,000 + 0 = 24,000 before you get taxed using the above rates If you itemized in 2017 and cannot itemize in 2018 your Oklahoma taxes will increase (12,700 to 24,000) [/QUOTE]
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The Water Cooler
General Discussion
How many of you people are retired? Are you benefiting from the new federal tax rate?
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