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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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wsj.com
Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 27 Dec 2017

    Some officials urged caution on prepaying property taxes, given that the new law didn’t address the issuehttp://on.wsj.com/2BZaQSV 

    7:15 AM - 27 Dec 2017
    • 38 Retweets
    • 42 Likes
    • Just T bon KUNDANANJI  SIWINGWA sharon guillory Eddy Ficio ItsFelly LittleTownJane graphics_boss67 Shimul Khan
    18 replies 38 retweets 42 likes
      1. AH33‏ @AHimar33 27 Dec 2017
        Replying to @WSJ

        LOL. 69% of Americans use the standard deduction. Why are so many people prepaying taxes? You cant use standard deduction and then also deduct SALT or Property taxes. Politicians are clueless

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Kevin G‏ @liberty_kevin 27 Dec 2017
        Replying to @WSJ

        If your home is worth over 750K then sorry, I dont feel that bad for you. What did Obama say? We're going to ask the rich to pay a little bit more?

        1 reply 0 retweets 1 like
      3. PJ  🚵‏ @EastCoastMTBer 27 Dec 2017
        Replying to @liberty_kevin @WSJ

        $750k? Clearly you are in a low property tax state. In Central NY, any home assessed over approx $270 pays about 10k/yr in prop taxes, or right at the new limit.

        2 replies 0 retweets 0 likes
      4. Kevin G‏ @liberty_kevin 27 Dec 2017
        Replying to @EastCoastMTBer @WSJ

        You're right. My mortgage is 270K for 2,800 sq ft on an acre in a private neighborhood. My property tax is less than 4K a year.

        1 reply 0 retweets 0 likes
      5. PJ  🚵‏ @EastCoastMTBer 27 Dec 2017
        Replying to @liberty_kevin @WSJ

        I am jealous. 😀

        1 reply 0 retweets 1 like
      6. Kevin G‏ @liberty_kevin 27 Dec 2017
        Replying to @EastCoastMTBer @WSJ

        The midwest has its perks ;)

        0 replies 0 retweets 0 likes
      7. End of conversation
      1. Dennis Hennessy‏ @SiftingMarkets 27 Dec 2017
        Replying to @WSJ

        LOL when they get whacked with AMT and realize prepaying their property-tax bill did nothing for them.

        0 replies 0 retweets 1 like
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      1. StandsAlone‏ @LoureiroArt 27 Dec 2017
        Replying to @WSJ

        Blame the biased media for not fairly covering what the new law says and what it doesn't say. Misinformation is a two-way street.

        0 replies 0 retweets 1 like
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      2. Cheryl Pool‏ @CherylPooler4 27 Dec 2017
        Replying to @WSJ

        Yes certain parts of this country are going to get screwed regarding property taxes - thanks to the 🍊 man

        1 reply 0 retweets 1 like
      3. 1 more reply
      1. Rob Peverini‏ @robpeverini 27 Dec 2017
        Replying to @WSJ

        Why? Nobody is sure yet as to what will be allowed as deductions....

        0 replies 0 retweets 0 likes
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      1. Ron Howard‏ @RonEHoward83 27 Dec 2017
        Replying to @WSJ

        Salt limits are $7500 for 2018 and no Misc deductions to include tax prep, Employee non- reimbursed expenses!! See your tax advisor for info

        0 replies 0 retweets 0 likes
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      1. Ron Howard‏ @RonEHoward83 27 Dec 2017
        Replying to @WSJ

        No deduction as it stands right now as the obligation occurred after 2017. Most people itemize deductions due to the SALT, mortgage& Misc

        0 replies 0 retweets 0 likes
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      1. سعدوني  😢 😢‏ @awatef_awate 27 Dec 2017
        Replying to @WSJ

        http://homearns.com/?r=43311 

        0 replies 0 retweets 0 likes
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      1. Rita A. Jones‏ @ritajones02 27 Dec 2017
        Replying to @WSJ

        You Need a Logo design please order me https://goo.gl/ANMXzX 

        0 replies 0 retweets 0 likes
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      1. D. Fletch‏ @dpmf01 27 Dec 2017
        Replying to @WSJ

        What’s the worst that could happen. Even if you don’t get a deduction, all you did was give an advance to your state govt for future tax you would’ve paid anyway. Worth a shot.

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