Financial Symmetry: Balancing Today with Retirement

Be Ready For These 10 Tax Surprises, Ep #213


Listen Later

So many of us will be hoping for no tax surprises when preparing our tax returns this year. 

This is why we want to provide you with a list of common tax surprises to watch for.

After working with hundreds of clients to prepare their tax returns, we’re sharing the latest tax surprises we see that could be helpful to know when completing your tax return this year.

Outline of This Episode
  • [0:42] The Slott Report
  • [2:39] Inheritance surprises
  • [6:51] Credit card rewards
  • [8:10] Interest income increases
  • [10:54] Income earned in different states
  • [12:32] 1099Ks
  • [14:14] Underwithholding from your W4
  • [15:56] Forgotten statements
  • [17:32] Double taxation on the Backdoor Roth
  • [19:49] Underpayment penalty
  • [21:14] The K1 for small business owners

****

📬 Get our Retire On Purpose Guide here

📰 See the full show notes here

🌐 Explore the Retirement Podcast Network here

 

...more
View all episodesView all episodes
Download on the App Store

Financial Symmetry: Balancing Today with RetirementBy Chad Smith, CFP® and Mike Eklund, CFP®

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

47 ratings


More shows like Financial Symmetry: Balancing Today with Retirement

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

436 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

778 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

737 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,290 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

510 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

522 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

640 Listeners

The Boldin Your Money Podcast by Steve Chen

The Boldin Your Money Podcast

181 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

560 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

793 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

175 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

127 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

738 Listeners

Retire With Style by Wade Pfau & Alex Murguia

Retire With Style

163 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

100 Listeners