As for the SALT deduction, the tax law limits the deduction to $10,000 and includes measures to prevent taxpayers from deducting state and local income taxes they may prepay in 2017.More than 27 percent said they likely would increase college tax credits.
Under the new tax code, taxpayers will no longer be able to deduct state and local taxes from their federal bill once they hit a $10,000 threshold. "This of course is being driven by the new tax bill that is just being signed into law".
"I know later on it is going to hurt me", Scott Arbuse, of East Meadow, New York, said of the disappearing tax deduction as he waited to make a payment.
In most cases, they're aiming to pay their taxes for both 2017 and 2018 before calendar 2017 comes to a close, since the new cap goes into effect in 2018.
The line on December 27, 2017, to pay 2018 property taxes in advance stretched out the doors of the Fairfax County tax office in Fairfax, a Virginia suburb of the District of Columbia.
But this week is different, as hundreds of residents rush to beat the clock on federal tax reform by prepaying their 2018 taxes.
Since the last two days of the year fall on a weekend, the last day to prepay real estate taxes in person or over the phone is Friday, Dec. 29. Online payments are due by Sunday, Dec. 31, at 11:59 p.m.
The tax warrant has gone to local tax collectors and people interested in prepayment will need to do so at the local level.
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The standard deduction will double, he said, "but doing the standard deduction doesn't really get you anywhere". Payments should be sent to Department of Finance, Division of Treasury, ATTN: 2018 Prepayment of Taxes, 255 Rockville Pike, Suite L-15, Rockville, MD 20850. And Montgomery County has declared that none of its municipalities can accept early tax payments.
Not every municipality has allowed prepayments so far.
City residents received their 2017-18 city tax bills in July.
Similar scenes played out at tax collection offices around the country in places with high local taxes.
"Everybody is trying to do what they think is the right thing to do", said Sizemore, who made it clear that his department can not offer tax advice.
"There's definitely some more", she said.
"This is probably the only piece you can do", he said, noting the Olmsted County office has seen a steady stream of people since last week.
The IRS hasn't yet said how it would handle prepayments.