Ways To Save On Tax Returns

[TheFinanceReport]

Helpful info!

[WorkingMotherof2]

NO tax on the first $20k

If you make less than 20k - you don't pay fed or state income tax. BUT YOU DO NOT get a ck back at the end of the year either! So many ppl are paying $90 in Fed taxes -cause they work pt at taco bell, but they got 3 kids so at the end of the year they file and get a tax credit that equals MORE than they ever PAID. So - this "no tax on the first 20k" - would help the midle class, reduce the payout from the gov at the end of the year, and help senior citizens.

[MarketFanatic]

Great info!