[quote=flu]…Ooooooooh a total of $31 that can’t be deducted…. 🙂 You probably could inflate your charitable contributions by that amount if you wanted.
(Not directing this at you… Just I think the deductibility of a lot of things I think are miniscule for a lot of people….
Now if you happen to live in 4S or Scripps paying $400/month for Mello Ruse(sic)…Well, yah I guess you’re kinda screwed.[/quote]
LOL – I know… I don’t have mello roos, HOA etc.. So I had to go with what I do have. And a lot of folks living in older neighborhoods in the city of San Diego have bills like mine.
And if it’s just the 1% that’s deductible… that’s only 90% of my bill… 10% would no longer be deductible.
I was trying to make the point that this is going to affect everyone to some extent. Folks with MR and HOA get hit harder, though.
As to whether the state will audit it… I assume they’ll have computers that will pull in the data. The same way they compare w2 wages you state, to what your employer states.
If they’re not doing that, then why wouldn’t we lie about EVERYTHING on our taxes… Say we made less $$, earned less interest and capital gains, paid more payroll deductions…. I assume the system is being put in place to automatically verify these numbers.