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SVTPerformance's Chain of Restaurants
Road Side Pub
Tax time..
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<blockquote data-quote="Twisted2v" data-source="post: 15831112" data-attributes="member: 119147"><p>You're worse off from a deduction standpoint. The 12k standard deduction will wipe out any additional benefits you had from itemizing. Plus you're not receiving any personal exemptions for yourself (or kids, if any).</p><p></p><p>The newer tax brackets will offset some of this, but it depends on your income.</p></blockquote><p></p>
[QUOTE="Twisted2v, post: 15831112, member: 119147"] You're worse off from a deduction standpoint. The 12k standard deduction will wipe out any additional benefits you had from itemizing. Plus you're not receiving any personal exemptions for yourself (or kids, if any). The newer tax brackets will offset some of this, but it depends on your income. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Tax time..
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