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Reduce tax owed from HYSA
Hi, how do I reduce the amount I owe for taxes from HYSA? I think that my job is withholding enough based on my income but not too sure. Should I ask my job to withhold more to account for the interest earned on my HYSA? Or should I be making estimated tax payments? I ended up having to pay 1.5k in taxes this year. Luckily, there was no penalty for underpayment since I met the conditions. But I would like to avoid the possibility of underpayment
3 weeks ago