The Real Cost of a Vacation Home
What if instead of buying that vacation home, you invested the money?
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Determine if you are eligible to contribute to a traditional or Roth IRA.
If you want to avoid potential surprises at tax time, it may make sense to know where you stand when it comes to the AMT.
Have income that isn’t subject to tax withholding? Or insufficient withholdings? You may have to pay estimated taxes.