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  1. #1
    Join Date
    7th April 05
    Location
    Frederick, Maryland, USA
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    I always figure if my withholding falls within $200 of my liability, I've estimated pretty well. I try to cut my withholding as close as possible, because why should I give the government a tax free loan!

    One year I got a refund of $54 from the feds and had to pay the state $48. I figure that was a pretty good year.
    We're fools whether we dance or not, so we might as well dance. - Japanese Proverb

  2. #2
    Join Date
    8th November 05
    Location
    Northglenn, Colorado, USA
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    Quote Originally Posted by davedove
    I always figure if my withholding falls within $200 of my liability, I've estimated pretty well. I try to cut my withholding as close as possible, because why should I give the government a tax free loan!

    One year I got a refund of $54 from the feds and had to pay the state $48. I figure that was a pretty good year.
    Was able to do that several years ago but haven't come that close in a while. I hate giving them an intrest free loan too.

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