In West Warwick, high school teacher Adam Satchell lives with his brother. He's trying to build a future, and is getting married this summer.
"I work two jobs, usually three jobs to try and make ends meet," he said.
Satchell just received his Rhode Island tax return.
He said the state is only refunding him $26. Last year, it was an $899 refund.
The difference? A tax change that went into effect in January that eliminates itemized deductions.
"It's going to come as a shock to a lot of taxpayers," said Laura Dalomba, CPA.
Dalomba said the effects of the law are only beginning to be realized.
"I did see one return, an elderly woman about 92. Her tax liability last year was about $200. This year, $600. Not big numbers, but a 300 percent increase in her tax," she said.
For a homeowner used to getting interest payments deducted, the results are negative.
Satchell bought his house four years ago. The price has dropped by more than 20 percent, but his mortgage payments haven't.
"You do an itemized tax return and they won't allow you to claim. It seems like it was hurting the people who are helping them the most," he said.
The Rhode Island Tax Department told NBC 10 that the change, which was signed by Gov. Don Carcieri after the General Assembly passed it in June two years ago, will actually benefit most Rhode Islanders.
But as tax returns started getting put together, a lot of those who relied on deductions are going to be disappointed with the new law.
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