ChatGPT's Tips on Legally Minimizing Tax Payments

Reported 1 day ago

In an exploration of how Americans can minimize their tax obligations, ChatGPT provided various legal strategies, including maximizing retirement account contributions, leveraging health savings accounts, utilizing tax credits, and strategic investing. The AI emphasized using deductions and living in no-income-tax states as additional methods to reduce taxable income. While informative, it noted that individual tax situations are unique and recommended consulting a tax professional for personalized advice.

Source: YAHOO

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