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8-Early Look at Tax Data Shows Average Bill Dropped in 2018

from San Francisco Chronicle

From April 17: With tax season drawing to a close, H&R Block reports that its average customer paid $1,200, or 25 percent, less in federal tax in 2018 than 2017, providing one of the first pieces of hard data on how the federal Tax Cuts and Jobs Act is affecting people in the real world. People in the high-tax states of New Jersey, Massachusetts and California got the biggest tax cuts, even though many lost some or all of their federal deduction for state and local taxes. more


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