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Reply to "Post your 2013 Tax Refund or Tax Burden"
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[quote=Anonymous]HHI $188 for 2013 (will go up substantially as I was unemployed for 8 weeks in 2013 but started 2014 with a new job at a 20% raise) mortgage deduction child credits/deduction Owed $392 federal, MD refund of $702. As my spouse works for the IRS, we couldn't get away with owing that much. If you owe more than $1K and are an IRS employee, you get flagged for an internal audit, you get a ding on your employee record and you have to change your withholding or pay quarterly estimated taxes for the next year. I have to religiously check our withholdings and spot check our taxes once or twice midyear to make sure we're on track.[/quote]
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