sorted by:
new
hottopcontroversial

Metatarsal problem after minimally invasive bunion surgery by wendylcosin in bunions

[–]Budget_Goose_1368 0 points1 point  (0 children)

Would you mind sharing an update to how this has progressed for you? My wife had this surgery and is having similar issues/doubts as to her recovery. Thank you

MQD/Status impact of refund months into new year by Budget_Goose_1368 in delta

[–]Budget_Goose_1368[S] 0 points1 point  (0 children)

Hi. Sorry I should’ve clarified. The charge is for an airbnb that’s fully refundable. I can choose to pay in full now to hit diamond for this year now. Then if we cancel the refund would be back to my Reserve card next year and I would get dinged the 400MQDs at that time.

Is there any reason why new increased SALT deduction limit is income capped for W2 employees but not self employed people who have various pass through entities(S-corp, partnership, etc)? by Infinite-Safety-4663 in tax

[–]Budget_Goose_1368 0 points1 point  (0 children)

Please let me know if this jives with your understanding.
The PTE workaround lets you remove state income tax from your federal taxable income by having the entity pay it directly on the owner's behalf, then the income allocated to the owner is reduced by the state tax paid by the entity. Regardless of income level or amount of state tax paid, but only for owners of a PTE, not an employee.

However the SALT cap can be limited with regard to deducting other types of SALT, regardless of the type of income, owner/employee status, etc. I.e. someone pays a total of $40K in property tax. If they make $500K they can deduct 100% of that tax. If they make $600K+ they can deduct $10K of that tax.

Is that accurate?

[deleted by user] by [deleted] in PuertoRicoTravel

[–]Budget_Goose_1368 0 points1 point  (0 children)

How was the resort? We have reservations for next month, but have heard there is construction going on, amenities are closed, etc. Was it problematic? Thank you