DIY GUIDED ROCKET
How can I owe less money to IRS and CA FTB in 2009?
Is there any good online application or DIY-guide that will show me how to adjust my 403B, 401K, exemptions, etc.? I’m tired of paying Unka Sam every year.
Warning: I’ve already “google’d” and “about’d” this subject. But, they may as well have been speaking about rocket science.
I would like something simple and to the point. I just want to plug in the numbers, see my estimated overpayment/underpayment and then make adjustments to it until I’m satisfied with the final number.
THANK YOU FOR YOUR HELP! :0)
Contributions to 401k and 403b are excellent ways to reduce your taxable income. The money is NOT taxed and goes into your retirement account, while reducing the amount of taxable income you show.
Try it out on any tax calculator or tax program.
Most other ways end up costing you far more than you save: buying condo/home, getting married, having child, supporting a deadbeat in your home for entire year.
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