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Reply to "If you make 300K or more do you always end up writing 15-20k+ check to the IRS?"
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[quote=Anonymous]while I recommend the irs tax w/h calculator be careful... it does NOT take AMT into account. I use the calculator as a guide and then tax the AMT on the last tax return and add that in as well to come up with an estimate of the total tax we'll owe. Like everyone else said change to 0 immediately! Or for simplicities sake (and to avoid any penalties), make sure you have w/h 110% of the tax on your last year's return...[/quote]
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