Filing Income Taxes 2018

[scorpionking0731]

For most folks with a W-w income, the standard deduction will make the most sense. With SALT capped at $10k for married couples, $14,000 in other itemized deductions are necessary to exceed the standard deduction. Mortgage interest is the easiest way to get there, but for most folks, they simply don't have enough deductible expenses to get to $14,000. Obviously, everyone's situation is unique, but the standard deduction will become the most logical option.

[corky101]

I plan on doing my taxes with 2018 software and 2017 just to see how they differ.

I always do taxes myself, ever since an “accountant” omitted a 1099 and I ended up paying fees and interest. I was told that I should have double checked, but back then just the words “schedule C” intimated me, so double checking would be like me checking a PHD theses in mathematics (useless), lol.