millions of taxpayers could wind up owing for 2018
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Started by carlberky - Sept. 10, 2018, 12:02 p.m.

http://www.msn.com/en-us/money/personalfinance/millions-of-taxpayers-could-wind-up-owing-for-2018/ar-BBN7wrE?li=BBnb7Kz&ocid=iehp

No, this is not a Trump basher. Just some info that might be helpful for some of you.
 
" Those most likely to owe tax for 2018 are those who itemize deductions.  The GAO looked closely at this group and provided more clarity as to who it will include. Specifically, married taxpayers who itemize deductions, with two children under age 17, income exceeding $180,000 from one or more jobs and who have $20,000 or more in nonwage income (dividends, interest or capital gains) are highly likely to have to pay additional tax when they file next year." 

Comments
By metmike - Sept. 10, 2018, 5:10 p.m.
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Thanks Carl!


I have not looked at the break down enough to know anything which would result in a useful comment.