GARY and Beatrice's

2021 Tax Plan

We’re always working to save you money on your taxes, so we
analyzed your 2020 return to help you plan for next year and beyond.

Your tax bracket this year was: Next year, you could save:

10% $0
Looking Forward to 2021
Here are some tips and strategies that we've prepared for you.
Remember, it's never too early to start planning.*

Here's the plan see details on next page

Download your TaxAct 2021 Tax Plan
✓
What you could save in 2021 $0

* Actual deductions and credits vary. 2021 Tax Plan based on information you provided and the 2020
marginal tax rate. Strategies are for informational purposes only and do not constitute legal or tax
advice. Other tax strategies likely exist. Consult your financial advisor.
Your 2021 Tax Plan
 Additonal Tips and Tricks

Exert Your Willpower Plan Your Estate

If you don't have a will, the state may make Create a personal trust to preserve your
one for you, which won't necessarily be in wealth after you're gone.
you or your family's best interest.

Refinance Your Student Loans Plan Your Purchases

Refinancing the interest rate on an average- Get hightest possible deduction on business
sized student loan ($28,500) could save you expenses by purchasing them in years
$1,700 over 10 years. where you expect to report high income.

Spread Your Payments Out 529 Savings Plan

Avoid tax penalties by paying over the Start saving for your children’s education by
course of the year and paying at least as making contributions to a 529 savings plan.
much tax as you did the year before.

Saving With Uncle Sam Start A Side Hustle

You could save on your taxes by investing in Love to knit? Live to paint? Sell your goods
federal tax-exempt securities. or services and you could enjoy a whole
bunch of additional deductions.