I made 50,000 this year and after deductions really only made 24,000. I’m getting slammed with taxes… is there anything I can file or do that I’ve not thought of?

  • moooooooots@alien.topBEnglish
    1·
    1 year ago

    Same happened to me last year. My income was 54k, after deductions it lowered to around 31k… had to pay $7500 between federal and state (I live in MA). People say to find a good CPA but the one I saw was of no help and didn’t seem interested in helping me strategize to lower my tax burden.

    • AntiqueSunrise@alien.topBEnglish
      1·
      1 year ago

      If you go to a CPA after the end of the tax year, there’s nothing they can do to strategize your taxes retroactively.