Tomorrow is last day to file. You can get an extension to file but you have tomorrow to pay up if you owe your uncle his money.
Like last minute shopper, I feel good to get it over with. With these raises to catch up with inflation, some people will jump to a different tax bracket and so they will tax you more. There are tricks on how they can tax you less or nothing at all if you do it right. Park your money in your 401k, IRA, roth, charity if cash, up to 60% of your income
Other ways as well. If you single, no kids and they tax you like crazy, file head of household and start claiming your old folks who don't need to file tax if they are on fixed income or non taxable income. Standard deduction for single is $13K. If head of household, claim you are paying your dependent more than 50% in expense and your deduction will now be $20k around there. A big $7K bump helps out a lot.
Where our poor man non-certified online CPA hmoobrock at? Show us how you cheat tax.
