Started By
Message

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

Posted on 1/28/16 at 2:14 pm to
Posted by slackster
Houston
Member since Mar 2009
85476 posts
Posted on 1/28/16 at 2:14 pm to
quote:

Push the limit too many times and the IRS forces maximum withholding and you don't have a choice.


There is no underpayment penalty if you're within 10% of your actually taxes owed OR if you withheld at least 100% of last year's tax liability.

No one is suggesting you should have it down to that much of a science nor should you push the limits, but it isn't much to get your federal withholdings in line so you're not getting $3K refunds of your own money every year.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram