i owe 10k, wtf
We ended up with $14k back. Lots of kids.
Tree fidy kids ?
20k. Bank account going to get a real hurt this Tuesday.
Got AMTed 😪
I owe 7k. How much should optimal federal withholding be for a married person with a working spouse ? I am currently claiming 2.
If you have a mortgage you should include interest deduction in withholding calculations.
24K yikes
$12k fuck me
21k
I always wonder why can’t the government just tax the right amount. Oh right, they need the free money loan to build shits and pay shits payers don’t really want.
Wut?
What wut? When you write too little allowance, you get less money in your paycheck. The money over taxes by the government will, of course, return to you after you filed tax return. But until then, the overtaxed money will be sitting in the government’a bank and it is effectively a loan from you to the government, except you don’t get any interests. Get it?
Y’all do realize that if you set your withholding better in the beginning, you wouldn’t owe so much. Also, is this survey asking what we owe over the year including the withholding or what we owe additionally by April 17?
You can get a penalty if your withholding is too low....
Obviously after withholding. This shows how well you planned your withholding - but also in some cases there might be other sales like stock sales that Happens after - that will add to additional tax burden , so it’s hard to decipher anything. From this except how much of a hole you will have immediately