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Reply to "Federal tax question - are we just in the spot that is really painful?"
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[quote=Anonymous]My husband and I are both the equivalent of GS 15s so a decent salary by US standards - but for DC we are not in the 1%. Is there anything from a federal tax perspective that we can do in order to reduce out tax liability - and who is the professional that I could talk to for this? We have the standard items - DC "state tax", property tax, mortgage, a bunch of charitable contribtuions, 401K. We got hit hard as we refianced our mortgage to a 15 year so our mortgage interest claim dropped significantly (we also paid off more of our loan so can't complain too much). Thanks for any ideas[/quote]
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