Tax Refund?

[BrutuStrength]

Yeah, they don't understand how the tax system works.

Change that "they" to "she" because some of us do understand.

Well, then he should also change "don't" to "doesn't." :)

 

[Buckeye Buh Nim]

Sure, but I'd still argue that it's Uncle Sam's money.

Actually it's our money. But thats another topic for another day.

 

[MililaniBuckeye]

For the second year in a row I owe Uncle Sam, this year to the tune of $507.07. I just haven't adjusted my deductions to the decline in the mortgage interest I can deduct. Fuck. And I'd better make that adjustment most ricky-tick because I just got a $15k a year bump in pay, lest I be owing several grand next year.

Haven't even looked at my state taxes yet. Fuck it, I'm going to MickeyD's for a Big Mac and fries...

 

[Buckeye Buh Nim]

For the second year in a row I owe Uncle Sam, this year to the tune of $507.07. I just haven't adjusted my deductions to the decline in the mortgage interest I can deduct. Fuck. And I'd better make that adjustment most ricky-tick because I just got a $15k a year bump in pay, lest I be owing several grand next year.

Haven't even looked at my state taxes yet. Fuck it, I'm going to MickeyD's for a Big Mac and fries...

$507.07? I assume you are doing your taxes by hand? Most programs, CPA's etc... and the IRS in specific round all figures.

Second, have a professional look at it. CPA's tend to be reasonable in their fees. Most are willing to take the time say around June to figure out where you are and what your estimated liability will be for the year so you can plan accordingly.

In addition instead of changeing your exemptions, you can elect to have a flat extra amount withheld from your pay typically. Say $20 a week or so, but if you can do that, then you should just direct deposit that money into an interest bearing account and withdraw what you need on 4/15.