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TopicTaxes. Do you normally owe or get money back?
RetuenOfDevsman
04/18/24 1:39:02 AM
#42:


Euripides posted...
Your employer withholds what you tell them to withhold
Which is stupid. The whole process is stupid. Stupid stupid stupid.

The theory is, you can defer your taxes and pay them at the end of the year so you can collect interest on them, OR you can choose to overpay all year just so you can get a check containing your own money after tax season. The former is stupid because short term investment rates are virtually zero for most people, and the latter is stupid because, well, DUH.

I just want a checkmark that says "however much means I'll owe exactly zero next April," or even just a server I can query to calculate exactly that, but oh no they ain't gonna do that thanks to doofuses who think they can get more than a couple of pennies in interest. Instead they give you this complicated "New math" formula where you're putting numbers in specific boxes and whatnot that still arrives you at a number that never ends up actually working in April.

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There's a difference between canon and not-stupid.
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