As a 1099 contractor, minimizing your taxable income is key to maximizing your earnings. By adopting smart strategies and taking advantage of available deductions, you can keep more money in your pocket. Let’s explore some effective approaches to shrink your taxable income and boost your bottom line.
According to what YOU entered as income and some other factors taken into consideration, it appears you could qualify for a total tax refund in the amount of:
REFUND DISCLAIMER: Please note that this federal tax refund estimate is not guaranteed and is for informational purposes only. There are many factors that go into calculating any federal refund from the IRS such as: 1. If you owe any back taxes; 2. If you’ve already claimed a full or partial tax credit for this program; 3. A full review of your tax return for accuracy; 4. The estimate is for informational use only and is reliant on the accuracy of the information submitted.