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IndianaDave

(657 posts) Thu Mar 28, 2019, 08:57 PM Mar 2019

127

I'm Old, on Social Security, and Just Finished Doing My Taxes [View all]

As a Social Security recipient for more than 10 years, I have consistently had the same withholding amount, and I have always received a Federal Tax refund of approximately $1,000. This year, however, under the "wonderful" new Trump/Republcan tax "reform" act, my taxes increased by $780, and my refund dropped to $220. My brother says I "got Trumped." A euphemism for "got screwed."

I don't know if my tax filing experience, and the intense decrease in my refund, is typical, but even if only half of us older people are going through this taxation BS, I can confidently predict that a hell of a lot of old people will definitely NOT vote Republican in 2020.

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I'm Old, on Social Security, and Just Finished Doing My Taxes [View all] IndianaDave Mar 2019 OP

Well Wooby,you aren't alone, Wellstone ruled Mar 2019 #1

I'm on SSDI and I haven't had to pay state or federal income tax in years. Kaleva Mar 2019 #2

That's exactly the way it should be. I'm happy for you, Kaleva! IndianaDave Mar 2019 #4

From the state I'm getting back 50% of what I paid in property tax Kaleva Mar 2019 #9

I haven't done my state taxes yet, but I ALWAYS owe deep red Indiana hundreds of dollars. IndianaDave Mar 2019 #14

If I am correct, prior to Reagan-Bush ArizonaLib Mar 2019 #93

Well actually Reagan started taxing up to doc03 Mar 2019 #101

Yes, but the means testing isn't adjusted for inflation TexasBushwhacker Mar 2019 #107

I know that has been a pet peave of mine for doc03 Mar 2019 #117

My state had a cap put on our SALT deductions Lady_Chat Mar 2019 #48

Michigan Kaleva Mar 2019 #61

According to the Reich-wing set that makes you "a taker!" Grins Mar 2019 #66

Fuck 'em! I'm a disabled vet. Kaleva Mar 2019 #70

What state are you in? WhiteTara Mar 2019 #88

Michigan Kaleva Mar 2019 #119

I'm in Arkansas WhiteTara Mar 2019 #120

Me neither! ThingsGottaChange Mar 2019 #34

I'm on SSDI TexasBushwhacker Mar 2019 #108

Just had our taxes done, preparer told us TheCowsCameHome Mar 2019 #3

Yes - After spending hours working on completing my taxes, it was disheartening. IndianaDave Mar 2019 #5

What state? Laura PourMeADrink Mar 2019 #29

Massachusetts. TheCowsCameHome Mar 2019 #67

Hopefully the majority of them are all MAGAs who voted for Trump. politicaljunkie41910 Mar 2019 #54

I am on SS so I control my withholding watoos Mar 2019 #6

I do my own taxes as well. Previously, my withholding had always been adequate. IndianaDave Mar 2019 #10

Republicans change the withholding table KT2000 Mar 2019 #20

Ok ..someone here posted about this a while back. They Laura PourMeADrink Mar 2019 #32

That's not what happened to me. watoos Mar 2019 #37

I believe you. Just think it was odd that I never Laura PourMeADrink Mar 2019 #59

You mention time card employees above stopwastingmymoney Mar 2019 #68

Great point. Thanks .makes sense Laura PourMeADrink Mar 2019 #77

Bush gave a $300 True Blue American Mar 2019 #51

I remember that bullshit. Dave Starsky Mar 2019 #56

that's right KT2000 Mar 2019 #69

We signed ours over directly to Planned Parenthood DBoon Mar 2019 #76

Exactly they cut my withholding and ended up doc03 Mar 2019 #102

Sorry. That's a lot of money on SS. Chin music Mar 2019 #7

Thank you for your understanding and kindness. IndianaDave Mar 2019 #11

Still waiting on my CPA to finish. I have to file 3 sets of taxes this year due sinkingfeeling Mar 2019 #8

I'm 77, and have always done my own, too. IndianaDave Mar 2019 #12

In California and large blue state with high property tax and SIT for those who itemize still_one Mar 2019 #13

Same happened to us, SALT Capped, limited our deductions Lady_Chat Mar 2019 #49

Everything he has done has been to hurt people. He is a very despicable person still_one Mar 2019 #62

On SS and taxes were less than expected. JayhawkSD Mar 2019 #92

You are incorrect. For those who used to itemize deductions they find the cannot now in many cases still_one Mar 2019 #95

My mistake. JayhawkSD Mar 2019 #96

I don't know your tax situation, or what you pay for property tax, SIT, or if you have any home still_one Mar 2019 #98

Despite my assertion of always agreeing with you... JayhawkSD Mar 2019 #99

Perhaps, but if you take the numbers from 2017, and plug them in for 2018 with the new tax law still_one Mar 2019 #100

And several Congressional districts in CA flipped to blue TexasBushwhacker Mar 2019 #110

I've heard more stories like yours PatSeg Mar 2019 #15

I can easily believe that. IndianaDave Mar 2019 #16

Yes PatSeg Mar 2019 #18

I guess that's one bright spot ThingsGottaChange Mar 2019 #39

I suppose there is always a bright spot! PatSeg Mar 2019 #65

same here... myohmy2 Mar 2019 #17

I agree -- They are evil. IndianaDave Mar 2019 #19

True. Ignorance I guess but only found out recently Laura PourMeADrink Mar 2019 #33

Another plus ThingsGottaChange Mar 2019 #40

My SS was 680 a month SoCalDem Mar 2019 #50

You don't Rebl2 Mar 2019 #73

Part A is free, assuming you worked and have paid DeminPennswoods Mar 2019 #103

I agree. Medicare is not what I want for all. Glad someone else admits Medicare is crap. OhNo-Really Mar 2019 #36

Republicans have been trying to gut medicare for a long time. watoos Mar 2019 #42

One plan is to siphon off our childrens inheritance via health care/nursing homes, real estate taxes OhNo-Really Mar 2019 #43

They have been trying to get rid Rebl2 Mar 2019 #74

The law changed the withholding. former9thward Mar 2019 #21

This calculator will do a side-by-side comparison not fooled Mar 2019 #35

Unfortunately no one making these claims will give their income figures. former9thward Mar 2019 #83

I just ran that calculator dumbcat Mar 2019 #89

Calculator was pretty close MichMan Mar 2019 #91

I agree with you. watoos Mar 2019 #44

My withholding did decrease. I received $15 more per month in my Pension income. IndianaDave Mar 2019 #105

Yes, you do not believe in sharing your "entire financial situation" former9thward Mar 2019 #115

Well, I'm not trying to challenge your qualifications. I just know that my taxes did increase. IndianaDave Mar 2019 #116

You are not alone. JDC Mar 2019 #22

I will feel no sorrow for any Repugnant that gets Trumped and in fact I would be tempted to cstanleytech Mar 2019 #23

thanks for the grin! Dixc Mar 2019 #38

It's the elimination of the personal exemption that hurt me Farmer-Rick Mar 2019 #24

This message was self-deleted by its author brandnewday2009 Mar 2019 #25

If it's any of my business TheFarseer Mar 2019 #26

I received an extra $15 per month from decreased withholding on my Pension IndianaDave Mar 2019 #106

I know people who have bigger tax withheld than required at140 Mar 2019 #27

I am 78 and on social security, my taxes went down this year... at140 Mar 2019 #28

I'm 71 and wife is 70, watoos Mar 2019 #45

you are a nice example of tax rate in 2018 compared to 2017 at140 Mar 2019 #86

Your taxes did not increase. Codeine Mar 2019 #30

Sadly BlueFlorida Mar 2019 #31

I wound up owing some state income tax. PoindexterOglethorpe Mar 2019 #41

Move to Pa. watoos Mar 2019 #46

Thank you, but no. PoindexterOglethorpe Mar 2019 #47

I live in Ohio True Blue American Mar 2019 #52

A few points about withholding and higher std deduction to remember... Rollo Mar 2019 #53

I don't know how some of you people manage back in the USA. My hat goes off to all that struggle DFW Mar 2019 #55

Also got trumped JT45242 Mar 2019 #57

The numbers for Trumps re-election are tanking so I'm betting a whole lot of people got Trumped. Vinca Mar 2019 #58

Refund isn't the best indicator of your taxes inwiththenew Mar 2019 #60

I have yet to see or hear any Trump voter say the new tax law wasn't beneficial for them. ooky Mar 2019 #63

I'm pretty sure this was President BO's doing. efhmc Mar 2019 #64

Old law deductions (standard for family of 4) : $29,600. mwooldri Mar 2019 #71

Isn't there an additional deduction or credit for each child? MichMan Mar 2019 #84

i always aim to get as little back as possible The Mouth Mar 2019 #72

Feel your taxes are high? krkaufman Mar 2019 #75

True TexasBushwhacker Mar 2019 #112

What about that ten percent tax cut we were promised before the election last brewens Mar 2019 #78

My Trump tax increase for funding billionaires was $3,500. NNadir Mar 2019 #79

Mine was okay Sherman A1 Mar 2019 #80

I wonder why. Is your property tax really high? Honeycombe8 Mar 2019 #81

The tax cut was "crafted" to mostly hurt tax payers in some Blue States Tom Rinaldo Mar 2019 #82

Texas is a high property tax state TexasBushwhacker Mar 2019 #109

But no large state is 100% blue or red TexasBushwhacker Mar 2019 #111

And the fact that state taxes will now HURT The Mouth Mar 2019 #113

Mine went down a decent amount MichMan Mar 2019 #85

I think we are well past the time to rise up and burn the GOP to the ground Ford_Prefect Mar 2019 #87

In half tiptonic Mar 2019 #90

older than you and... gapaddy Mar 2019 #94

But will they attribute the increase to trump, or will trump con ecstatic Mar 2019 #97

Yep iamateacher Mar 2019 #104

Got back $1,200.00 last year, paying $200.00 this year... czarjak Mar 2019 #114

I didn't change my withholdings itsrobert Mar 2019 #118