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SaLT tax discuss

So services (doctors, lawyers) are excluded from salt deduct...
Glassy abode old irish cottage
  05/22/25
lol who cares no one is getting audited
diverse field antidepressant drug
  05/22/25
If I weren't audited I just wouldn't pay tax on my 1099 Cali...
Glassy abode old irish cottage
  05/22/25
Cr. Ljl at ever paying taxes ever again.
Anal Business Firm
  05/22/25
So I get 0 tax cuts. But there is 23% qbi deduction that hap...
Glassy abode old irish cottage
  05/22/25
https://www.kitces.com/blog/republican-proposed-tax-bill-202...
Glassy abode old irish cottage
  05/22/25
Where did you see that professionals are excluded?
Carnelian slap-happy goal in life
  05/22/25
If my w2 income is above certain threshold then I can write ...
Glassy abode old irish cottage
  05/22/25


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Date: May 22nd, 2025 2:58 PM
Author: Glassy abode old irish cottage

So services (doctors, lawyers) are excluded from salt deductions? I.e. if I pay california tax on my 1099 job, I can't even deduct that... and for w2 income cap is 500k. So if I pay property tax, I can't deduct that either?

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954158)



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Date: May 22nd, 2025 3:09 PM
Author: diverse field antidepressant drug

lol who cares no one is getting audited

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954191)



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Date: May 22nd, 2025 3:11 PM
Author: Glassy abode old irish cottage

If I weren't audited I just wouldn't pay tax on my 1099 California job. But in fact I pay full tax on it

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954196)



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Date: May 22nd, 2025 3:17 PM
Author: Anal Business Firm

Cr. Ljl at ever paying taxes ever again.

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954211)



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Date: May 22nd, 2025 3:24 PM
Author: Glassy abode old irish cottage

So I get 0 tax cuts. But there is 23% qbi deduction that happens to exclude doctors. How about that?

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954232)



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Date: May 22nd, 2025 3:51 PM
Author: Glassy abode old irish cottage

https://www.kitces.com/blog/republican-proposed-tax-bill-2025-tax-cuts-and-jobs-act-tcja-sunset-salt-deduction-cap-child-tax-credit-qbi-deduction-maga/

Explain cbi deduction to me. If I have w2 income over 500k, can my 1099 income qualify for deduction or they will add it with my w2 income to exclude me?

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954330)



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Date: May 22nd, 2025 3:59 PM
Author: Carnelian slap-happy goal in life

Where did you see that professionals are excluded?

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954343)



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Date: May 22nd, 2025 5:24 PM
Author: Glassy abode old irish cottage

If my w2 income is above certain threshold then I can write off 0 from 1099 cbi income.

(http://www.autoadmit.com/thread.php?thread_id=5728870&forum_id=2).#48954591)