Quote:
Originally Posted by preciousjeni
Paying throughout the year just doesn't make sense to me. Why won't the IRS let us pay once and keep our money during the year?  Heck, they'd get even MORE money from a lot of people if they did that. |
There are people who love getting a huge refund at the end of the year. I guess if I learned anything from my ex-husband accountant, it's that it is better to have as much of your cash as possible throughout the year and try to break even with the IRS at the end of the year. I generally calculate this out very carefully so I get the most take home pay possible without owing at the end of the year. The state just got me this year with the tax law change, which I could not anticipate. Most years, I get an IRS refund of about $30.
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