Just a heads up - if you're a business owner and your child works in your business, you might be able to pay them and they could use their own money for Kumon. Their income might be tax-free up to the standard deduction amount, and you get a business deduction. I did this with my 15yo who helps with office work. Talk to your accountant about whether this strategy would work for your situation.

Just wanted to add my experience for anyone else in a similar situation. I have three kids in various tutoring programs (Kumon, Sylvan, and a local math tutor) and spent way too much time researching deductions last year. The bottom line is that regular tutoring for K-12 students isn't federally deductible as an education expense, but there are several workarounds worth exploring: 1. **State-specific benefits** - Some states do offer credits or deductions for K-12 educational expenses. Check your state's tax website or consult a local tax professional. 2. **Medical angle** - If your child has a documented learning disability and the tutoring is prescribed by a doctor as treatment, it may qualify as a medical expense (subject to the 7.5% AGI threshold). 3. **Dependent Care FSA** - For kids under 13, if the tutoring happens during work hours or is part of after-school care, you might be able to use pre-tax dollars from a Dependent Care FSA. 4. **Employer benefits** - Many employers offer education assistance programs that can reimburse part of these costs. Keep all your receipts and documentation either way - tax laws change, and you never know when new opportunities might arise. Also consider setting aside money in a Coverdell ESA for future qualified education expenses.

For your particular situation, I would suggest checking the box in Step 2(c) on the W-4 for your second job only. Since your first job income is significantly higher, keep that W-4 as is (single job) and then account for the additional income on the second job's W-4. The $1,150 withholding does seem excessive for a weekly paycheck at that income level. That would be like withholding at a 50%+ rate! Did you perhaps accidentally check "Married but withhold at higher Single rate" or enter an additional withholding amount on line 4(c)?

That makes perfect sense! Checking "Married but withhold at higher Single rate" when you're actually single, plus checking the multiple jobs box on both W-4s would definitely cause massive overwithholding. You were essentially telling both employers to withhold as if you were in the highest tax brackets. The good news is this is easily fixable. For your primary job, just submit a clean W-4 with your correct filing status (Single) and no multiple job adjustments. For your second job, you can either use the Step 2(c) checkbox method or calculate a specific additional withholding amount using the IRS estimator. Since you're making about $242k combined ($130k + $112k from the second job), you'll want to be careful not to under-withhold either. The IRS estimator at irs.gov/W4App will give you the most accurate guidance for your specific situation. You should see a much more reasonable withholding amount on your next paycheck!

Just a quick reality check here - remember that taking Section 179 on a vehicle doesn't make it "free" or even "cheaper" in the long run. You're essentially just shifting when you get the tax benefit - all at once in year 1 rather than spread over several years through regular depreciation. Is the Cybertruck actually necessary for your business operations? Or are you trying to justify a personal luxury purchase? If it's the latter, be aware that the IRS is very familiar with this approach and scrutinizes these deductions carefully.

Great question about the Cybertruck and Section 179! I went through a similar analysis for my consulting business last year when considering a heavy-duty truck purchase. One thing to keep in mind beyond the basic math - even if you qualify for the full Section 179 deduction, you'll want to consider the "recapture" rules. If your business use drops below 50% in any of the first 5 years after purchase, you'll have to pay back some of those tax benefits. This is especially important with a vehicle like the Cybertruck that might be tempting to use for personal trips. Also, your calculation seems reasonable, but don't forget that Section 179 is limited by your taxable business income for the year. If your business has a loss or very low income in the purchase year, you might not be able to use the full deduction immediately - it would carry forward to future years. One more consideration: if you're financing the vehicle, make sure you understand how the interest deduction interacts with Section 179. You can still deduct business-use percentage of loan interest, but it's worth running the numbers to see if bonus depreciation might be more beneficial in some cases. Have you considered test driving one for business use first to get a realistic sense of how much you'd actually use it for work versus personal driving?

Anyone else getting the 'still processing' message? Starting to get worried...

Filed mine on Feb 3rd and just got my refund yesterday! Took exactly 8 business days with direct deposit to Chase. For anyone still waiting, I'd recommend checking the Kansas Department of Revenue portal - mine showed "approved" status about 2 days before it actually hit my account. Hang in there everyone!

5 Does anyone know if there's a minimum percentage of Treasuries that an ETF needs to hold for the distributions to be state tax exempt? I have both SGOV (which is almost entirely Treasuries) and another ETF that's only about 60% Treasuries with the rest in agency bonds and cash.

Just wanted to add another important consideration - make sure you're keeping good records of your cost basis for SGOV shares, especially if you're reinvesting distributions. Each reinvestment creates a new tax lot with its own purchase date and cost basis. I use my broker's average cost method for simplicity, but you can also track specific lots if you want more control over which shares you're selling (for tax loss harvesting purposes). The IRS requires you to report your cost basis when you sell, so don't rely solely on your broker's records - keep your own backup documentation. Also, if you're planning to hold Treasury ETFs long-term, consider whether a target-date Treasury ladder might make more sense than an ETF. With individual Treasury bills, you get the same state tax exemption but avoid the ongoing expense ratio of the ETF.