Here are some things to consider as you weigh potential tax moves between now and the end of the year.

1. 把收入推迟到明年

Consider opportunities to defer income to 2023, particularly if you think you may be in a lower tax bracket then. 例如, you may be able to defer a year-end bonus or delay the collection of business debts, 租金, 以及服务支付. Doing so may enable you to postpone payment of tax on the income until next year.

2. 加速扣除

You might also look for opportunities to accelerate deductions into the current tax year. 如果你列出扣除项目, making payments for deductible expenses such as medical expenses, 合格的兴趣, and state taxes before the end of the year (instead of paying them in early 2023) could make a difference on your 2022 return.

3. 作出可扣除的慈善捐款

如果你列出扣除项目 on your federal income tax return, you can generally deduct charitable contributions, but the deduction is limited to 50% (currently increased to 60% for cash contributions to public charities), 30%, 或调整后总收入(AGI)的20%, depending on the type of property you give and the type of organization to which you contribute. (Excess amounts can be carried over for up to five years.)

4. Bump up withholding to cover a tax shortfall

If it looks as though you will owe federal income tax for the year, consider increasing your withholding on Form W-4 for the remainder of the year to cover the shortfall. Time may be limited for employees to request a Form W-4 change and for their employers to implement it in time for 2022. The biggest advantage in doing so is that withholding is considered as having been paid evenly throughout the year instead of when the dollars are actually taken from your paycheck. This strategy can be used to make up for low or missing quarterly estimated tax payments.

5. 为退休多存点钱

Deductible contributions to a traditional IRA and pre-tax contributions to an employer-sponsored retirement plan such as a 401(k) can reduce your 2022 taxable income. If you haven't already contributed up to the maximum amount allowed, consider doing so. 2022年, 你最多可以捐款20美元,500美元到401(k)计划(27美元),如果你的年龄在50岁或50岁以上，那么你的收入是1000美元。 and up to $6,000 to traditional and Roth IRAs combined ($7,如果你的年龄在50岁或50岁以上，那么你的收入是1000美元。.* The window to make 2022 contributions to an employer plan generally closes at the end of the year, 直到4月18日, 2023, 缴纳2022年个人退休账户.

*Roth contributions are not deductible, but Roth qualified distributions are not taxable.

6. 取所需的最小分布

如果你是72岁或以上, you generally must take required minimum distributions (RMDs) from traditional IRAs and employer-sponsored retirement plans (special rules apply if you're still working and participating in your employer's retirement plan). You have to make the withdrawals by the date required — the end of the year for most individuals. The penalty for failing to do so is substantial: 50% of the amount that wasn't distributed on time.

7.  衡量年终投资动向

You shouldn't let tax considerations drive your investment decisions. However, it's worth considering the tax implications of any year-end investment moves that you make. 例如, if you have realized net capital gains from selling securities at a profit, you might avoid being taxed on some or all of those gains by selling losing positions. Any losses over and above the amount of your gains can be used to offset up to $3,一般收入的1万美元,500 if your filing status is married filing separately) or carried forward to reduce your taxes in future years.

除了税务专业人士, 你在NEFCU金融集团的CFS顾问, 可透过CUSO金融服务查询, L.P.**, can help you plan your retirement based on your goals and your personal picture. 立即与您的CFS顾问联系!

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**Non-deposit investment products and services are offered through CUSO Financial Services, L..P. (“中心”)，注册经纪交易商(会员) 美国金融业监管局/SIPC)和美国证券交易委员会注册投资顾问.  Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. 投资ment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.