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Tax Planning For a Working Woman And Giving Her Suggestions
Question
Career Woman Salary: $100,000
Child1 (A12) Student
401k Maximum contribution
Mortgage $200,000 @4%, 30 year
Child Care Expense $5,000
Disability Insurance $3,000
Health Insurance $6,000
Real Estate Tax $6,000
Charitable Contributions $3,000
Goals:
- College Savings
- Retirement
What is their current tax situation?
What would you recommend?
Total Word Count 417
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