7 Easy Tricks That Lower Your 2018 Tax Bill

Fund an Individual Retirement Account

Contrary to the large number of changes caused by the new tax law, you can still stash $5,500 pretax in a traditional tax-deferred IRA. Come to think about it, this could save a taxpayer in the 25% tax bracket $1,375.

Another option is to fund an IRA on your spouse’s behalf, but only as long as one of your incomes is high enough to match the IRA contribution.

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