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Personal Finance (Not Investing) • Take the deduction now or get more social security later?

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I was just wondering if it makes sense NOT to claim every single business deduction I’m eligible for on Schedule C when I file my federal income taxes, with the aim of paying higher payroll taxes now and therefore maximizing my inflation-indexed social security payout in retirement. Is this even a reasonable line of thinking?

Statistics: Posted by Areliax — Thu Dec 19, 2024 10:04 am — Replies 3 — Views 152



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