Middle class Americans are too “rich” for low-income tax credits and too “poor” for billionaire tax loopholes. BUT there are still strategies for you to lower your taxable income, so you keep more of your money at tax time. 1️⃣ You need a 1099 income stream 💸 Even a tiny side-hustle (like consulting, freelance, social media, etc.) unlocks the ability to write off everyday expenses like a portion of your rent, phone bill, wifi, gas, and more, which lowers your taxable income. 2️⃣ Max out your HSA and DO NOT SPEND IT 🏥 Invest that cash instead. It’s the only account that’s triple-tax-free. The government never gets a cut: ❌ not when you put it in ❌ not while it grows ❌ not when you take it out. It’s basically a stealth IRA for the middle class. 3️⃣ If your stocks are down, sell them! 📉 You can use up to $3,000 of those losses to cancel out your actual salary income. It’s one of the few ways to directly lower your taxable income without spending a penny. 👀 And this is literally just the tip of the tax iceberg. Tax laws are complex and change frequently. This video is for general educational purposes and is not specific financial or tax advice. 🔗 If you want personalized tax advice or just want your taxes done right by a licensed pro, hit the link in bio to chat with a Keeper tax pro for free. 👇 Or just drop a question below and we’ll have one of our tax pros reply! credit to @notorious_zng for this great question!

- Well, I don't want the topic of taxes. If you make $100,000 to like $250,000, what are you doing to lower your taxable income? - All right, this is such a great question. And I have three underrated methods to lower your taxable income as a middle class worker that aren't just maximizing your 401K. Number one, you need a 1099 income stream. Even a tiny side hustle like consulting, freelance, social media, unlocks the ability for you to write off everyday expenses like a portion of your rent, your Wi-Fi, your phone bill, gas, and more. All of which lowers your taxable income. Number two, max out your HSA and do not spend it. I repeat, do not spend it. Instead, invest that cash. It's the only account you have that's triple tax free. That means the government doesn't touch it when you put money in, when you watch the money grow, and when you take the money out. It's basically a stealth IRA for the middle class. And that brings me to number three. If your stocks are down, sell them. You can use up to $3,000 of those losses to cancel out your actual salary income. It's one of the very few ways to directly lower your taxable income without spending a penny. This is just the tip of the tax iceberg. Now, if you want personalized tax advice or some more strategies that you could use, hit the link and buy out a chat with one of our licensed tax advisors for free, or just drop a comment below and we'll love a tax pro reach out.