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02-02-2018, 06:28 PM
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Gold member
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Join Date: Aug 2007
Location: NY, FL, PA, TX, NC, TV
Posts: 1,497
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Quote:
Originally Posted by justjim
We have not received our pension checks yet. However, once again Snowbirds from high tax States (N.Y., California, Illinois, etc.) have to keep in mind the deduction limits on State Taxes of ($10,000) that is in the tax bill and could be sending a big check to “Uncle” in April 2019. Best meet with your tax adviser shortly after all this is sorted out or you could be in for a big surprise. Just saying.....
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Sounds to me like those high taxed states need to cut taxes or there will be nobody left
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