R. Richard
Literotica Guru
- Joined
- Jul 24, 2003
- Posts
- 10,382
Dear Sirs:
Since you're changing the rules in the middle of the game, is is possible that I might just drop the kids off at the local office of the franchise tax board? You can probably deal with the kids, since I sure as hell can't.
Frustrated Taxpayer
State cuts tax exemptions for kids
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California parents beware: Those little tax deductions running around the house are now worth less (in a strictly financial sense, of course).
To help balance its budget, California has reduced the state tax credit for dependents.
The change will increase a family's California taxes for 2009 by about $210 per dependent compared with 2008.
A family with one dependent that normally gets a state-tax refund will get back $210 less when they file their 2009 return next year. A family that normally owes money will have to pay $210 more. Multiply that by two or more dependents, and it really adds up.
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Since you're changing the rules in the middle of the game, is is possible that I might just drop the kids off at the local office of the franchise tax board? You can probably deal with the kids, since I sure as hell can't.
Frustrated Taxpayer
State cuts tax exemptions for kids
--------------------------------------------------------------------------------
California parents beware: Those little tax deductions running around the house are now worth less (in a strictly financial sense, of course).
To help balance its budget, California has reduced the state tax credit for dependents.
The change will increase a family's California taxes for 2009 by about $210 per dependent compared with 2008.
A family with one dependent that normally gets a state-tax refund will get back $210 less when they file their 2009 return next year. A family that normally owes money will have to pay $210 more. Multiply that by two or more dependents, and it really adds up.
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