(January 6, 2019 at 7:45 pm)onlinebiker Wrote: Paying more, to get by with less isn't a finacial plan.
It' s simply being lazy.
...
It' s your money - take charge of it.
Anyone who graduated 8th grade has the math skills necessary.
(January 6, 2019 at 7:44 pm)Cathooloo Wrote: Ever hear of refundable tax credits, which many lower income families receive and can be substantial?
And you would still be eligible for those credits if you paid in --- which would put you further ahead. ( I asked my SO - who does this shit for pay).
Getting a refund costs you money - end of story.
The fuck are yoi on about? Im talking about the common situation of a lower income person who has -zero- withheld and get, for example, the earned income tax credit, which being fully refundable is fully payable in the form of a refund to people who have zero withheld?
Are they stupid? Or are you just being an obtuse asshole?
I have a moderately complicated tax situation. I have earned income, unearned income, and capital gains. My unearned income varies widely. I itemize, and will continue to do so. How much is the "right" amount to withhold to avoid being stupid, hmm? Not to mention that the IRS *requires* me to overwithhold because I unintentionally underwithheld for three consecutive years.
Not everyone fits into nice little boxes.
