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Another Tax Bill Update: Finish Paying Your Estimated 2017 ...
You are most likely to benefit from this strategy if you meet the following criteria:
You plan to itemize your taxes in 2017
You will either take the standard deduction in 2018 OR you will itemize in 2018 with more $10k in state and local income and property taxes
You are not subject to AMT in 2017
You must itemize your taxes in 2017 to see a benefit, because the deduction for paying state...
Tax Bill Update: Should You Prepay Property Taxes Before ...
Tax Bill Update: Should You Prepay Property Taxes Before 2017 Ends?
December 24, 2017
26 Comments -- Reading Time: 6 Min
The new tax bill was officially signed into law this past Friday. Folks may have an opportunity to save thousands on their tax bills by prepaying 2018 property taxes before the clock runs out this year. Here's who is affected.
Related topics : mortgage and property tax savings calculator / income tax rate calculator by state / mortgage property tax calculator / property tax calculator / mortgage interest deduction tax savings calculator