02-11-2019, 04:25 PM
(02-11-2019, 03:48 PM)StrictlyBiz Wrote: I did mine over the weekend and my effective rate fell from 23.5% last year (I guessed wrong above) to 17.9% this year.
That was not just due to the new tax code.
Did you have a massive reduction in income or did you file under a different category than last year?
From what I have seen most people will pay less, but their effective rate will not drop by 25%.