And it told me what I knew... as a single, more taxes are taken out of my paycheck than if I was married. Bullshit. I don't see how/why the IRS can differentiate betwixt the two.
― andy ---, Thursday, 19 January 2006 00:55 (twenty years ago)
― adamrl (nordicskilla), Thursday, 19 January 2006 00:59 (twenty years ago)
― danielle the animal steel (Jody Beth Rosen), Thursday, 19 January 2006 00:59 (twenty years ago)
I mean really SCREWED. the word SCREWED was basically invented for my last year's tax situation. if the same thing happens again, I'm leaving.
― adamrl (nordicskilla), Thursday, 19 January 2006 01:02 (twenty years ago)
― andy ---, Thursday, 19 January 2006 01:03 (twenty years ago)
― andy --, Thursday, 19 January 2006 01:04 (twenty years ago)
― RJG (RJG), Thursday, 19 January 2006 01:04 (twenty years ago)
― andy --, Thursday, 19 January 2006 01:05 (twenty years ago)
― adamrl (nordicskilla), Thursday, 19 January 2006 01:06 (twenty years ago)
― nein Socken (nein Socken), Thursday, 19 January 2006 01:11 (twenty years ago)
Seven states have no state income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Two others, New Hampshire and Tennessee, tax only dividend and interest income.
― danielle the animal steel (Jody Beth Rosen), Thursday, 19 January 2006 01:13 (twenty years ago)
― andy --, Thursday, 19 January 2006 01:15 (twenty years ago)
You can be married and do this and still get screwed. The safe thing to do is mark "single" and "0" and then you probably won't.
The deal with marking "married": because they withhold less doesn't mean that you will OWE less. marking "married" assumes that only one person is working and supporting the other one. If you're both working, then you have to do the "two earner two job" worksheet that is on your withholding papers, guesstimate how much money both of you are going to make THAT YEAR, do some fucking Wiccan calculations, then you get a dollar amount. This is the amount that you are going to be short every paycheck in your tax payments. You have to have that withheld as "extra withholding". You can do this one your checks or your spouses' or divvy it up between you. So we marked "married 0" and I had an extra $200 withheld from my check.
It is so confusing. When you spend a lot of time with it though it does make sense.
― kyle (akmonday), Thursday, 19 January 2006 02:26 (twenty years ago)
― kyle (akmonday), Thursday, 19 January 2006 02:30 (twenty years ago)
A sweet deal is to live in Washington (no state income tax) close enough where you can shop in Oregon (no state sales tax). Except for cars and maybe boats, where the difference is made up when you license it.
― Jaq (Jaq), Thursday, 19 January 2006 03:23 (twenty years ago)