Quote:
Originally Posted by The Real BigGuy
Back to taxes for a moment because there are a couple of people on this thread who appear to actually know what they are talking about. What do you expect the effect to be on a retiree living on SS & investments with property in both MA & NH. In previous years my itemized deduction were over 24k
Sent from my iPhone using Winnipesaukee Forum mobile app |
Without actual numbers, but since you are now limited on your property tax to 10k you will more than likely use the standard deduction but the tax rate is also lower so you could come out ahead of the game.