02-04-2019, 11:31 PM
I just did about 95% of my taxes (still waiting on 2 documents that are taking their time this year.)
I just bought a home this past year, so I was expecting a larger return than normal.
After I plugged all the numbers in, it turns out that, had I bought my home in 2017, I would have been better off itemizing and claiming my mortgage interest but, with the increased standard deduction this year, it is now a better deal for me.
My federal is $358 and my State is $563.
My state return has never been more than 100 dollars before, so that's kind of odd.
My combined return is usually around 200 or 300 dollars.
I wonder what would make my state return skyrocket like that.
I just bought a home this past year, so I was expecting a larger return than normal.
After I plugged all the numbers in, it turns out that, had I bought my home in 2017, I would have been better off itemizing and claiming my mortgage interest but, with the increased standard deduction this year, it is now a better deal for me.
My federal is $358 and my State is $563.
My state return has never been more than 100 dollars before, so that's kind of odd.
My combined return is usually around 200 or 300 dollars.
I wonder what would make my state return skyrocket like that.