What will help me to get a bigger refund on my 2024 tax filing?
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It depends on your situation. The simplest way to get a larger refund is to increase your tax withholding, but when you do that you are just giving the IRS an interest free loan.
If you need a new car, or own a home, you may be able to get a bigger refund by making a Clean Energy purchase. Follow this link for more details about that.
Contributing as much as you can afford to your 401(K), or other workplace retirement plan is a great way to save money on your taxes. You can also contribute to a traditional IRA and get a deduction if your income is below the limits.
If you are self-employed, there are incentives to start a self-employed retirement plan. Follow this link to learn more about that.
Using TurboTax helps you get the best possible outcome on your tax return if you carefully review the additional suggestions that pop up throughout the program.
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