Re: Want to lower tax refund amount but how?
I can calculate it easily by asking two questions: Do you get an earned income credit and what was your tax bracket? If you get an earned income credit you can get an advanced earned income credit. If you do not get earned income credit an exemption is roughly worth a reduction of $2500 in income. If you increase your number of exemptions make sure you don't surpass 9 if you do so watch out for an audit.
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