sgwizdakplurk says
9 years ago
grah, had 0-single on both w-4's this year, and still owed over $4K to the IRS.
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lindes
9 years ago
gah, ouch. Hrm, I need to get my W-2s and see what my real numbers are.
LarryB
9 years ago
says you really need to do the worksheet. K and I have extra withholding, although this year we wound up with a $2k+ refund.
sgwizdakplurk says
9 years ago
LarryB -- really hard to do the worksheet when you have no idea how much you're going to be making during any years period.
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sgwizdakplurk says
9 years ago
My income oscillates by over $50K depending on the perf of Amazon stock for the year
sgwizdakplurk says
9 years ago
But Pam's company was the problematic one, which has been solved
sgwizdakplurk says
9 years ago
they kept taxing her at a much lower income bracket
lindes hopes
9 years ago
It was solved by her getting a raise into a much higher bracket. ;-)
LarryB says
9 years ago
for some value of solved... :-(
lindes
9 years ago
Bah. I don't mind paying higher taxes on higher income. Frankly, our upper taxes brackets are way too low right now, IMHO. But also I'm guessing that's not what is meant by "solved".
sgwizdakplurk says
9 years ago
lindes -- the problem with the tax system is that its overcomplicated which leads itself to being abused for the purposes of tax-optimization, particularly with regards to corporations
sgwizdakplurk says
9 years ago
Speaking of which, I need to setup some time with some folks to do some tax-optimization of my accounts...
lindes
9 years ago
Agreed: simplification would be better. 90% for income over $1M, and that includes income of any kind (cap gains, whatever), and I'm a happy camper. :-D
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