3 ms·
Is it going to be open to itemizers? IIRC this year it wasn’t, which means a lot of people weren’t eligible (and basically had to pay an itemization penalty to
by gnicholas 2y ago
Is it going to be open to itemizers? IIRC this year it wasn’t, which means a lot of people weren’t eligible (and basically had to pay an itemization penalty to a tax preparer/company).
- iends 2y agoIsn't itemization extremely rare post Trump tax cuts?
- gnicholas 2y agoIn CA it’s still 15%, which is millions of people. There are other states with a higher percent. You’re right that the number dropped due to the SALT cap. But the SALT cap is set to expire in 2025 (who knows what will happen, though).