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| I'm a little the same way. I pay in just a little less from my "regular" income every pay period than I need to make it the year. At the end of the year, I look at the farm financials and decide where I want/need to be. I can defer money, take expenses, and have a lower tax bill this year, then take the deferred money next year and put it with my next year's income to pay for a capital asset and make the depreciation work smoother because I can use sec 179... | |
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Do you pay income taxes?
