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by bombcar
883 days ago
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In pursuit, they can go to the 1040 schedule 1 and read it: https://www.irs.gov/pub/irs-pdf/i1040gi.pdf - specifically look at lines 11-23, 25: https://www.irs.gov/pub/irs-pdf/f1040s1.pdf "Normies" can probably take advantage of 20 pretty easily, if you don't already. The "normal" way to adjust AGI down is to be a business and just not pay yourself as much and cycle everything back into the business. But, remember, the goal is to maximize after-tax gains/revenue, not minimize taxes. You can minimize taxes by minimizing income! |
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yep. most of the things I like to do will satisfy that. people generally don't understand that the IRS is not this adversary that's waiting to be offended because they didn't get anything, when a lot of offices of the IRS basically helps you not pay them. Have to know how it functions and that requires education.