LogFAQs > #979966696

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Topic	Taxes. Do you normally owe or get money back?
BDSMKane 04/17/24 7:17:12 PM #23:	Kuuko posted... If you are consistently owing a lot or getting a lot back then your withholding is wrong. If you work a regular W-2 job you can fix that easily. If you get income outside of a W-2 then it can get more complicated but it's still something you can correct if you feel like it. It's not a big deal if you owe and it's under the safe harbor rules so you don't get penalized. But if you're consistently getting money back then that's money that you were supposed to have during the year, and you accidentally gave the government an interest-free loan. Just want to emphasize this. --- No matter our origin, we are all one family, we all share one planet, and we all need to feel loved and accepted. We are more alike than different. <cite>BDSMKane posted [p:979966696] in Taxes. Do ... [t:80749742]...</cite> <quote>Kuuko posted... </cite><quote>If you are consistently owing a lot or getting a lot back then your withholding is wrong. If you work a regular W-2 job you can fix that easily. If you get income outside of a W-2 then it can get more complicated but it's still something you can correct if you feel like it.It's not a big deal if you owe and it's under the safe harbor rules so you don't get penalized. But if you're consistently getting money back then that's money that you were supposed to have during the year, and you accidentally gave the government an interest-free loan.</quote>Just want to emphasize this. --- No matter our origin, we are all one family, we all share one planet, and we all need to feel loved and accepted. We are more alike than different.</quote> ... Copied to Clipboard!
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