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VTSnake

Joined: 10/7/05 Posts: 4010
Likes: 598


I think he mean's that he's now taxed on it, not a double dip


So it's on his W-2 as taxable income, but there were no withholdings on it. Previously he would deduct that. Now he has to pay taxes on it.

(In response to this post by RTFC)

Posted: 02/12/2019 at 2:51PM



+1

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Current Thread:
 
  
CPA: What % of your clients are actually paying more? -- VaAkita 02/12/2019 12:10PM
  Yes 80 percent paid less in taxes -- capitals1 02/12/2019 1:12PM
  You don't sound snarky. -- MP4VT2004 02/13/2019 12:50AM
  I understand your premise -- RTFC 02/13/2019 10:19AM
  That's not how I understood it -- RTFC 02/12/2019 4:26PM
  Sorry, I didn't explain it very well. -- MP4VT2004 02/13/2019 12:57AM
  Media spinning it ** -- DaveVT 02/12/2019 12:36PM

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