I get a yearly bonus each March and I'm wondering if (and how) I can pay zero taxes now, invest the $ that I would have paid taxes now, and then pay taxes in 1 year? Example: I should get a $1 bonus now, normally I would get taxed 25 cents...but instead I don't pay those taxes now (tax exempt for 1 paycheck?). I invest that 25 cents and I make 1 penny. Next year I also do tax exempt and I get the full $1 (25 cents of which I'll pay 2023 taxes) all while my original 2023 25 cents continues to invest...making another penny. After 20 years I made 20 pennies but I know I'll have to pay that original 25 cent investment back to the fed for taxes come year 21.
