Anonymous
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Get your taxes done using TurboTax
many CPA firms have CFP's. try contacting your state's CPA society
I'm not a CFP , but there are not many options available to defer taxes
One might be if you can take the winnings in installments
another - charitable giving (this assumes you can itemize)
maybe - maximizing retirement plan contributions
be extremely wary of tax shelters, most end up bankrupt with the investor not even getting his investment back. some are even phony which means the IRS will disallow the losses. so not only won't you reduce your taxes you will lose your investment. then the question becomes is it an investment loss or casualty loss, because if it's the later it's not deductible.
‎June 7, 2019
3:18 PM