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Brown Cafe UPS Forum
UPS Union Issues
Prepay 2018 union dues to get deduction?
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<blockquote data-quote="GameCockFan" data-source="post: 3281084" data-attributes="member: 44159"><p>The standard deduction almost doubles from $6350 to $12K.</p><p>You lose your personmal exemption of $4050.</p><p></p><p>So a single person, like myself, it's pretty much a wash.</p><p>2017 6350+4050 = $10,400</p><p>2018 12K+0 = $12,000</p><p></p><p>+1,600</p><p></p><p>Charities will lose out.</p><p></p><p>Republicans love to say were doubling the standard deduction, but never mention losing the personal exemption. It's going to hurt single parent families and households with multiple children.</p></blockquote><p></p>
[QUOTE="GameCockFan, post: 3281084, member: 44159"] The standard deduction almost doubles from $6350 to $12K. You lose your personmal exemption of $4050. So a single person, like myself, it's pretty much a wash. 2017 6350+4050 = $10,400 2018 12K+0 = $12,000 +1,600 Charities will lose out. Republicans love to say were doubling the standard deduction, but never mention losing the personal exemption. It's going to hurt single parent families and households with multiple children. [/QUOTE]
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Prepay 2018 union dues to get deduction?
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