topic What are some ways to avoid owing taxes? in Deductions & credits

What are some ways to avoid owing taxes?

kristinakinjo — Mon, 09 Mar 2026 06:11:54 GMT

The last few years I've owed federal taxes (in the thousands) after all of my deductions. Any tips on avoiding this?

Re: What are some ways to avoid owing taxes?

AliciaP1 — Sat, 12 Feb 2022 23:51:56 GMT

There are many situations that can be handled differently to reduce taxable income legally, but each situation is extremely unique. There are far too many to identify here in a general post.

You may benefit from hiring a tax professional in your area to help you file with your best situation.

Re: What are some ways to avoid owing taxes?

Carl — Sun, 13 Feb 2022 00:27:02 GMT

Sounds to me like you may need to seek the services of a financial planner.