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Results of our taxes

March 4th, 2019 at 04:07 pm

I heard back from our accountant today. As expected, the Trump tax changes impacted us but not as badly as I had feared. For the first time in many years, we owe for our Federal return but only $453. Still, in previous years we've always gotten at least a small refund.

The good news is we're getting $2,458 back from the state which offsets that making our net refund just over $2,000.

Our accountant had warned us months ago that the Trump stuff would be bad so I was happy that it wasn't any worse than that. And I must admit filing was so much easier because I didn't have to compile everything for itemizing deductions since we weren't able to deduct all of that stuff anymore.

2 Responses to “Results of our taxes”

  1. rob62521 Says:

    At least your state refund more than made up for what you had to pay the feds.

  2. Jenn Says:

    Glad it wasn't too bad!

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