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Author: JimmyTheDevil Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121110  
Subject: Help Reduce taxable income. . Please! Date: 1/4/2002 12:58 AM
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Hello Fools!

I got married in 2001 and now I am painfully aware of the marriage penalty that I've heard about but never listened to.

2001 was a great year . . I had a nice increase in salary so my tax burden went up. . however I maxed out my 401k. So, I thought it would be a wash. . not the case. My wife is a teacher and putting $1200 annually into her 403b. I don't really like the the 403b as a great investment vehicle, but we need to reduce our taxable income.

Are there any other ways to reduce our taxable income so that our bill to Uncle Sam is not so high?

Please help! Taxes too high!!! Advice?

Thanks
JimmyTheDevil
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