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> Most people hit the standard deduction, Is this still true? After they raised the deduction and capped the sales/local tax deductions (and some others too I
by blahedo 3y ago
> Most people hit the standard deduction,
Is this still true? After they raised the deduction and capped the sales/local tax deductions (and some others too I thought), I assumed a lot of people that used to hit the standard deduction now didn't.
- mannyv 3y agoMost people rent, and their deductions won't add up to 14.6k/29.2 without a mortgage. That said, the vast majority of tax is paid by people who don't take the SD.
- deleted 3y ago[deleted]