Top 5 Ways to Lower Your AGI

February 26
12 mins

Episode Description

If you’re trying to lower your taxes and your income-driven student loan payment, your Adjusted Gross Income (AGI) is the number that drives both. Joe and Meredith walk through the most common ways vets can bring that number down.

Key Topics:

  1. Making pre-tax retirement contributions and why Roth doesn’t lower AGI
  2. Using a Solo 401k with 1099 relief income
  3. Contributing to an HSA if you’re on a qualifying high-deductible plan
  4. Taking advantage of Health Care or Dependent Care FSAs through your employer
  5. Making sure legitimate Schedule C business expenses are reducing your net profit if you’re self-employed


Interested in vet-specific financial planning?

  1. Learn more or schedule a free intro call at allvetfinancial.com

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