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Money and Finances
Reply to "Just did taxes...annoyed. Other people in the same boat?"
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[quote=Anonymous][quote=Anonymous]% wise we paid more taxes than last year. So using refund$ as whether you pay higher or lower taxes, do not make sense. Take your W-2 gross income. From there total up the taxes paid to state and federal. Then either minus the refund or add the additional taxes you have to pay. From this net amount divide by total income on your W-2. Do this for 2017 and 2018. Comparé the % of taxes to your income. Has it gone up or down? That is a simple calculation of total % of taxes you have paid out of income.[/quote] Turbo tax tells you this at the end. Your percentage of taxes as well as what you paid last year. [/quote]
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