- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
It could certainly make sense. If your income put you in the 24% tax bracket (MFJ - $171,051 to $326,600), a $4,000+ reduction in taxable income would be worth approximately $1000.
Also, a lower taxable income may have increased the value of a tax credit or deduction that had been limited by your income.
March 27, 2021
8:57 AM