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Lessons Learned From Doing My 2016 Taxes
By reinvestor on April 17, 2017
Well, another tax year come and gone. Thankfully lots of first world problems for us this year. In some ways, a higher income eliminates a lot of the complexity in our taxes. We qualify for almost no credits, get no exemptions, and are phased out of many deductions. We don’t have to deal with the AMT either. The downside? Well, we PAID more in tax than we MADE in any year prior to 2013, my first year as a full-partner in my practice. Seriously, it was a lot of tax.
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