Question about less money being taken out of taxes
My paychecks are about $10 bigger each week after obama signed the bill recently. My question is does this mean I am going to get less of a refund at the end of the year or does this mean I will get about the same and the goverment just adjusted the amount of taxes that I will owe.
I was thinking about going in and having the $10 additionally taken out each week so I could get a good refund at the end of the year. My fiancee thinks I should have it taken out in donations to help my refund.
Re: Question about less money being taken out of taxes
Originally Posted by CloneIce
I am pretty sure this is the same as the stimulus check we got last year, just divided over the course of each paycheck instead of one lump sum.
Personally, if they were going to do a stimulus, I would rather they did a lump sum instead of $10 a paycheck - $10 extra a paycheck is pretty much worthless to me; I can do some serious damage with a $1200 lump sum check.
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