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SVTPerformance's Chain of Restaurants
Road Side Pub
Claim 0 on W-4. Still owe taxes. WTF?
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<blockquote data-quote="02gt87" data-source="post: 15250962" data-attributes="member: 79473"><p>Not trying to sound like a financial advisor but Are any of you guys contributing to retirement plans 401s 457s? This is an excellent way to lower your taxable income. So if you're owing at the end of year try upping your contribution amount by a larger %. Another method to reduce the chances of owing at the end of the year is getting a traditional IRA and contributing the max 5500 allowed per year or 6500 if you're over 50yrs old</p></blockquote><p></p>
[QUOTE="02gt87, post: 15250962, member: 79473"] Not trying to sound like a financial advisor but Are any of you guys contributing to retirement plans 401s 457s? This is an excellent way to lower your taxable income. So if you're owing at the end of year try upping your contribution amount by a larger %. Another method to reduce the chances of owing at the end of the year is getting a traditional IRA and contributing the max 5500 allowed per year or 6500 if you're over 50yrs old [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Claim 0 on W-4. Still owe taxes. WTF?
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