Currently figuring out the taxes … or rather, failing to figure them out. Yes, end of a month that’s already a month later than the usual deadline, I know.
Anyway: previous year’s form had “Special Deductions for Salary or Wages”. This year that section seems to be gone, or at least it’s not on the form anymore. (It’s also related to what used to be called “Separately Computed Salary Deduction”, up in the C1 category.) So … is that just a change in the way taxes are calculated now? It’s simply gone? Or is it one of those things that we’re just supposed to know about and include anyway? Or am I missing a way it’s been moved somewhere else on the form?
If I’m crunching the numbers correctly, and that part is indeed gone from the formulas, it’s about a $20,000 difference in my tax bill.
Not that I’ve ever filled out the taxes properly - every year, I get something wrong that they fix, usually to my benefit. But it’d be nice to get the forms right at least once!
Thanks!
EDIT: Ok, it seems to have moved … now there are extra lines for “Salaries and Wages” on page 1 … but … ugh … does my income go under income, my salary, or my wage? Sigh.
EDIT 2: I am becoming increasingly bewildered by how such a simple calculation (as described here or here - oh, wait, that’s for 2018, and there’s no new calculator for 2019) can require such a convoluted and confusing process on a form.