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Anyone making changes to their tax with holdings or 401/403 contributions in anticipation
Posted on 2/1/25 at 11:31 am
Posted on 2/1/25 at 11:31 am
of Trump making some kind of changes to income tax this year? I never claimed my 4 children for withholding purposes, but tempted to start claiming and receiving the deduction now. Also was contributing pretax to my 403b, but thinking of switching over to at least 50/50 pre/post tax contributions if my tax liability is going to drop significantly in 2026.
5
Posted on 2/1/25 at 12:14 pm to Crescent Connection
No, best case scenario is the tax cuts get extended
Posted on 2/1/25 at 3:10 pm to Crescent Connection
quote:why?
never claimed my 4 children for withholding purposes
Posted on 2/1/25 at 3:34 pm to Crescent Connection
I would imagine any tax changes that may occur won’t go into effect until 2026.
Posted on 2/1/25 at 6:30 pm to Crescent Connection
quote:
Anyone making changes to their tax with holdings or 401/403 contributions in anticipation
Crescent Connection
of Trump making some kind of changes to income tax this year? I never claimed my 4 children for withholding purposes, but tempted to start claiming and receiving the deduction now. Also was contributing pretax to my 403b, but thinking of switching over to at least 50/50 pre/post tax contributions if my tax liability is going to drop significantly in 2026.
What?Posted on 2/2/25 at 9:05 am to Crescent Connection
If you weren't invited to his inauguration, then I would not worry about needing any changes.
Posted on 2/3/25 at 8:20 pm to KWL85
Your taxes at work
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