Tax Return Time - Surprise!

[mhall]

Change it now. Claiming four is what got you.

[know1]

Change it now. Claiming four is what got you.

But before this year if I claimed less than 4 I just got a huge refund which just makes me mad.

Like I said, I'd rather pay a little....but $4K is more than a little.

How am I supposed to know whether they will screw with it again this year?

[DJD]

Just gotta react man. I posted that thread last year because we notified our employees and some changed others did not. I did and even had more taken out per month on Federal. I'm always paying Fed even with claiming zero and using my HSA to decrease mt taxable income. I'm scared because anytime taxes are involved I feel someone in my pocket.
The big help for the middle income families is a joke. If your gonna help us why not really help? The politicians just don't get it...Vote ALL the goons out of office!!

[know1]

Just gotta react man. I posted that thread last year because we notified our employees and some changed others did not. I did and even had more taken out per month on Federal. I'm always paying Fed even with claiming zero and using my HSA to decrease mt taxable income. I'm scared because anytime taxes are involved I feel someone in my pocket.
The big help for the middle income families is a joke. If your gonna help us why not really help? The politicians just don't get it...Vote ALL the goons out of office!!

I was notified and made the decision not to change....but after reading the notification, I thought it was just going to change about $1000 or so.

Like I said, I can handle it, but I'll bet there will be an uproar from people who didn't make changes and now owe thousands more than they expected.

[psprowler]

Withhold less so people have more to spend. They spend all that and then now they basically have to pay it back in the form of a tax increase. But they've already spent it. And most probably didn't even know it happened, and now it's too late.

Yep, sounds logical to me.

I'll probably be in your boat know1 but like you and yours we live well below our means as well..........

[mhall]

But before this year if I claimed less than 4 I just got a huge refund which just makes me mad.

Like I said, I'd rather pay a little....but $4K is more than a little.

How am I supposed to know whether they will screw with it again this year?

Michael, maybe consider splitting the middle.

[know1]

Michael, maybe consider splitting the middle.

Yeah - I'm going to have to. The problem is you can't tell what the government will do next so it might swing all the way the other way.

I'll bet there are going to be a lot of people complaining when the realization of all of this hits. I already warned our Accounting department.