California might have high taxes, but there are still ways to get more money back come tax time! Here are some clever moves to boost your refund:

  1. Know Your Credits & Deductions: Not sure what you can claim? California offers many breaks on things like student loans, childcare, and charitable donations. Research what applies to you and take advantage!
  2. Be Buddies with Your Receipts: Keep those receipts for work travel, medical bills, and home office supplies. These can add up to big deductions, lowering your tax bill.
  3. Retirement Savings Rocket: Contributing to a retirement account like a 401(k) or IRA reduces your taxable income, meaning more money stays in your pocket now. Plus, it’s a smart way to save for the future!
  4. Homeowner Heroes: Owning a home in California comes with tax benefits! Mortgage interest and property taxes might be deductible, saving you money on your return.
  5. Mileage Matters: Do you drive a lot for work? You might be able to deduct mileage on your tax return. Keep track of those miles to see if it adds up.
  6. Free Filing Help: Don’t want to pay a fortune for a tax preparer? The IRS and California FTB offer free filing options for low- and middle-income earners. Save money and get expert help!

By following these tips, you can make tax time in California work for you. Remember, the more you know about deductions and credits, the bigger your refund could be. So get out there, do your research, and keep more of your hard-earned cash!

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