Tax Refund 2023: End-of-the-Year Tax Checklist

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While filling your 2023 return, you must see further what can be useful in your 1040 form.

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1. Sell loss making stocks to manage capital gains.

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2. It is mandatory to double check your salary for tax withholding.

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3. Try to maximize your retirement account contributions.

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4. Be sure to check your minimum distributions from required retirement accounts.

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5. Consider postponing bonuses and payments until the end of the year.

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6. Add up all the medical expenses incurred during the year.

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7. Create a strategic budgeting strategy for business expenses

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Tax Refund 2023: End-of-the-Year Tax Checklist

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