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Kiplinger
Kiplinger
Business
Katelyn Washington

How to Lower Your Tax Bill Next Year

IRS Income Tax PayPal
White blocks spelling "tax" on a descending pile of coins with a white arrow going down .

Knowing how to lower your tax bill requires understanding your tax situation.

Several factors contribute to your overall tax liability, including (but not limited to) a change in income and aging dependents. Receiving a tax refund last tax season doesn’t guarantee you'll get one next year.

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