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Re: Any CPA's here? I have a tax question.
Yep, what he said. We have not been itemize in years. Makes filing a whole lot easier on the brain too.
muncybob
2 ·
Re: Any CPA's here? I have a tax question.
It sounds like your annual mortgage interest amount has now fallen below the standard deduction amount, so that interest no longer comes into play from a tax perspective. When they basically doubled the standard deduction amounts back in 2018, itemizing deductions became a thing of the past for many people. You have to have a pretty sizable and/or newer mortgage nowadays in order to itemize.
For 2024, the standard deduction for married filing joint is $29,200, which means you'd need more itemized deductions than that to see any reduction to your tax liability. The single filing amount for 2024 is $14,600.
For 2024, the standard deduction for married filing joint is $29,200, which means you'd need more itemized deductions than that to see any reduction to your tax liability. The single filing amount for 2024 is $14,600.
jdjohn
3 ·
Re: Any CPA's here? I have a tax question.
From what little I know of tax, if you take the standarized deductions I don't believe it even matters
VR3
1 ·
Re: SDA 1c lacks wide sound stage - asking for guidance
I would start tracing the components on the crossover since the previous owner doesn't seem to know what they were doing.
F1nut
1 ·
Re: New TV recommendations
FWIW, I have had nothing but Samsung TV's in this house. We have been here for about a decade now, and we had 2 fail already. One day, one wouldn't show anything on the screen. That one was replaced. The one out in the LR has 3 white "spots" on the TV that are annoying as heck. Not so annoying that we are going to replace it but annoying nonetheless.
I think the next go-'round, we will be trying a different brand. TV's should not ever become a "monthly payment" of sorts, because you have to continually replace them....but that may just be the norm now. I dunno but it bites.
Tom
I think the next go-'round, we will be trying a different brand. TV's should not ever become a "monthly payment" of sorts, because you have to continually replace them....but that may just be the norm now. I dunno but it bites.
Tom
treitz3
2 ·
Re: Monitor 7 Recap
Looks good! I would have also gotten rid of that nasty poly switch. They're nothing but trouble.
pitdogg2
2 ·
Re: Any CPA's here? I have a tax question.
Agree with what hardy says about extra.
The other way to pay the loan off early is to split your monthly payment in half. Pay 1/2 say the 1st then pay the other half the 16th.
This way you're paying off early plus you're not paying additional.
Only thing is you have to check if your loan allows that.
Some have fine print on paying off early and/or splitting up your payments.
The other way to pay the loan off early is to split your monthly payment in half. Pay 1/2 say the 1st then pay the other half the 16th.
This way you're paying off early plus you're not paying additional.
Only thing is you have to check if your loan allows that.
Some have fine print on paying off early and/or splitting up your payments.
skipshot12
1 ·