This is how I have frontloaded my 2017 Schedule A deductions:
1) prepaid our primary home property taxes
2) prepaid our vacation home property taxes
3) prepaid our Jan estimated state income taxes in Dec.
4) made a large contribution to our two DAFs
Based upon tax reform proposals, some of these will disappear and we will use standard deduction of $24k in the future.....or lump them every other year. Will this work for you?
1) prepaid our primary home property taxes
2) prepaid our vacation home property taxes
3) prepaid our Jan estimated state income taxes in Dec.
4) made a large contribution to our two DAFs
Based upon tax reform proposals, some of these will disappear and we will use standard deduction of $24k in the future.....or lump them every other year. Will this work for you?
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