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Retirement tax questions
Thanks for the info, even if it bump my max contribution up to $58,000 it only takes about $1000 off my FED income tax. I thought maxing out your 401k would help reduce your tax bill? Am I miss understanding something or am I entering this in, in the wrong spot?
Below is a screen shot on where I am entering.
Thanks again!
March 21, 2022
12:21 PM