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Reply to "fed tax way underwithheld this year. arghhhh"
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[quote=Anonymous]Op here. I expect I am about 10i under. I had filled out the w4 for zero deductions plus an addditional 50$/pay period because I like knowing I will get a refund. I am incensed that’s this happened and it is a lesson. I was aware I think because I increases retirement and got a small raise that I wasn’t aware of any big shift in my pay—-but I did t pay attention to the amount of federal tax compared to last year. Ugh. We have funds to cover it since I was putting aside money to do some house repairs and upgrades but it also meant I was more liberal in spending…once I hit savings targets and bills I don’t budget ..guess I will now. I still defywant to know why/how my federal withholding went from 656 to 218. Which is the cost if my insurance oddly enough. [/quote]
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