Have my accountant claim 8 dependents tho I have none. Never paid a cent to my student loan. Before they would gank the return check towards a never ending loan interest. Now, I owe the state about $65 every year instead of getting a return. The school settled with a collector and theyve given up trying to collect. Essentially I have no loan and I pay almost no tax, aside from sales tax. Income tax was illegally installed and college is a really expensive sleep away camp for indoctrinating hungover kids into slave machine
OK.
Have my accountant claim 8 dependents tho I have none. Never paid a cent to my student loan. Before they would gank the return check towards a never ending loan interest. Now, I owe the state about $65 every year instead of getting a return. The school settled with a collector and theyve given up trying to collect. Essentially I have no loan and I pay almost no tax, aside from sales tax. Income tax was illegally installed and college is a really expensive sleep away camp for indoctrinating hungover kids into slave machine
Not for you W2. You could claim 15 or 20 if you wanted. I did that for years to owe close to $0 (no fee loan refund).
The IRS responded by making W2 forms more complicated to game the system.