Scenario 1: Managing Own Investments

1.Deducting
Identify eligible investment-related deductions, such as expenses related to investment
research, professional advisory fees, or interest on loans used for investment purposes.
Ensure compliance with tax regulations while maximizing deductible expenses to minimize
taxable income.

2.Deferring
Explore tax-deferred investment options like retirement accounts. Contributions to IRAs or
401(k)s can defer taxes on investment gains until withdrawal, allowing potential growth
without immediate tax implications.

3.Dividing
Consider distributing investments strategically among taxable and tax-advantaged
accounts. Balancing holdings between accounts can optimize tax efficiency, minimizing the
impact of taxes on overall investment returns.

4.Disguising
Utilize tax-efficient investment strategies, such as tax-loss harvesting. Offset capital gains
with capital losses to reduce taxable income, effectively disguising losses against gains for a
more tax-advantageous position.

5.Dodging
Understand legal ways to minimize taxes, avoiding unnecessary tax liabilities. Stay
informed about tax laws and leverage available strategies to navigate investments with a
focus on minimizing overall tax obligations.
Scenario 2: Building Health

1.Deducting
Explore health-related deductions, such as medical expenses that exceed a certain
percentage of your income. Keep track of qualifying medical costs that can be deducted to
reduce taxable income.

2.Deferring
Utilize health savings accounts (HSAs) or flexible spending accounts (FSAs) to defer income
used for eligible medical expenses. Contributions to these accounts are often tax-deductible
and can be used to cover qualified medical costs.

3.Dividing
Strategically divide health-related expenses between family members to maximize
available deductions. Understand how different medical costs may be allocated to achieve
optimal tax benefits within a family unit.

4.Disguising
Leverage employer-sponsored wellness programs or health-related benefits. These
initiatives may provide opportunities to reduce taxable income or receive tax credits for
participating in health-promoting activities.

5.Dodging
Stay informed about health-related tax incentives and credits. Explore available tax breaks
for health insurance premiums, preventive care, or other qualified health-related expenses
to legally minimize tax obligations while promoting overall well-being.
STRATA PERFORMANCE TASK #5

GROUP 1
ABARING, ANGELO
BARROS, JELYN
QUIATCHON, SAI REVEILLE
SIERRAS, MA. ALTHEA
SUARNABA, ANJIELYN
TOGORES, LESLY