ILLMAS Posted February 25, 2021 Report Share Posted February 25, 2021 I feel embarrassed asking this question, but has someone saved/reduce (tax liability) their W-2 clients? Quote Link to comment Share on other sites More sharing options...
ILLMAS Posted February 26, 2021 Author Report Share Posted February 26, 2021 I should add, when they don’t itemize, cannot take rental loses etc... Quote Link to comment Share on other sites More sharing options...
Lion EA Posted February 26, 2021 Report Share Posted February 26, 2021 Do taxpayer or spouse have a side gig? Not a lot you can do for a W-2 person after the year ends. If low enough for an deductible IRA, or can still add to their HSA, or the tiny $300 charitable. You can help them plan for 2021. Max out 401(k). Bunch deductions so they can itemize every other year. 1 Quote Link to comment Share on other sites More sharing options...
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