Tax reduction
Without moving, how can I reduce what I pay in taxes? RMD is taxes, social security is taxed, dividends and interest taxed, do you know what an exempt trust is? Thank you
Terry Says
Sorry, but all “income” is taxed! Don’t start fooling around trying to beat the system. Just make sure you report all income, and pay the appropriate taxes. Once you get a 1099 form showing interest from SS, or your RMD, or dividends, that is reported to the government. And their computers match your return.
