Forum Discussion
Lynnmor
Dec 22, 2017Explorer
Copperhead wrote:
But it is fact that the daily per diem allowance deduction for transportation workers is going away. That equates to roughly $14K a year in lost deductions right out of the gate on just that one item. And it is fact that all current deductions for state and local income taxes will not longer be allowed. Those two alone match or exceed the standard deduction for many people of the $24K for married couple. For a single person, just the loss of the meal deduction is larger than the $12K standard deduction.
Sounds good to me.
Hopefully some day we can eliminate interest and tax deductions altogether. I can't understand why someone buying over-priced homes and RVs should have less of an obligation than others.
About RV Tips & Tricks
Looking for advice before your next adventure? Look no further.25,102 PostsLatest Activity: Jan 18, 2025