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re: Tax board: official, how much you gettin back thread?

Posted on 1/28/16 at 1:06 pm to
Posted by slackster
Houston
Member since Mar 2009
85484 posts
Posted on 1/28/16 at 1:06 pm to
quote:

I adjusted my exemptions because this past year we added a kid and went to 1 income, but guess I didn't claim enough. My goal is to get nothing back. I'd rather have that money on my paycheck.


Bravo good sir. If you want to get it more accurate, try plugging your estimated taxable wages for 2016 into a simple tax calculator like this. Adjust for your filing status and exemptions and see what your estimated federal tax owed is going to be. Divide that by your paychecks per year and shoot for that withholding on each paycheck. If your HR website has a paycheck calculator it can help tremendously.

Prepare for the flurry of down votes that usually follow sound financial advice.
Posted by BIWO
Member since Dec 2015
1821 posts
Posted on 1/28/16 at 1:22 pm to
quote:

Prepare for the flurry of down votes that usually follow sound financial advice.


I don't know you in real life, but you come off as one stuck up, know-it-all prick on the internet.

Most people's tax-situation is different and way more complicated than using a simple tax calculator.
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