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Topic

Tax Reduction Measures for Salaried Workers

Problem / Need advice
#1
  • 🥧
  • mail
  • 2022/02/20 16:11

It is tax return season. I would like to ask for your wisdom as to what kind of tax saving measures you are taking.
Almost all of my income is from my corporate job.

I have a 401k that is maxed out.
IRAs could not be deposited due to income limits.
My children's college tuition was also not deductible due to income limits.

Even if I don't make it to this year's tax return, I'd be very grateful for the help for next year.
- do freelance work and deduct expenses
- create an LLC and use income from salaried work to fund the business

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#7
  • 節税
  • 2022/03/14 (Mon) 19:16
  • Report

It's hard to save taxes when you work.

I don't have a choice in this, but I could save a little tax by doing Uber on my days off.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#8
  • いや
  • 2022/03/14 (Mon) 19:18
  • Report

Weber is also a W2, so I don't see the point.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#9
  • 昭和のおとっつぁん
  • 2022/03/16 (Wed) 10:45
  • Report

Weber is a W2 ?

Someone I know said a 1099 came in.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#10
  • いつだっけ?
  • 2022/03/16 (Wed) 21:12
  • Report

Weber did not change from 1099 to W2 ? ?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#11
  • 昭和のおとっつぁん
  • 2022/03/17 (Thu) 07:18
  • Report

#10

I don't know.

I know someone who said a 1099 came in

because it's about someone else's income and I don't have to ask about the details.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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