Physician on FIRE’s Tax Return Revealed

By WCI Network Partner, Physician on FIRE

I’ve not done a tax return reveal before, but 2019 was an interesting year from a tax perspective, and I’d like to share my completed returns with you.

My taxes have become increasingly complicated over the years, and I’ve used a CPA for as long as I’ve been a physician. My CPA happens to be married to a physician, and he’s a seasoned real estate investor and business owner. That makes him a good fit for me and my situation.

I plan to go through my two-page 1040 line by line, detailing what the numbers represent, where they came from, and what can be done, if anything, to modify them with real-life examples.

If you do the math, you’ll see that our taxable income is less than half of our total income. I’ll show you how we made that happen, as

Keep reading this article on The White Coat Investor.

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