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How to decrease taxes owed?
Hi,
I have used Turbo Tax every year for many years but was surprised to see that I owed $3000 in taxes this year. I usually get a refund. I did move to a different state approximately 2 years ago and the cost of living is higher, but my salary also increased to reflect this. I am single and do not have dependents. Is there anything that I can do with my W4 to decrease the taxes owed next year? I currently have zero withholding on my paycheck.
Thanks for hosting this forum!
2 weeks ago