So, we ended up not paying federal taxes again this year.
With what's going on in California...
http://www.insidebayarea.com/oaklandtribune/localnews/ci_11475776?source=rss
...we took the plunge suggested by financial gurus and marked "Exempt" on the W-4 form, no tax to be withheld anymore.
We're gonna try to manage the tax liability ourselves, and then pay at the end of the year if there happens to be a tax debt, rather than a tax credit.
I've always been afraid to save the money myself, but seeing California pull that stunt and Obama grow the federal government gives me greater concern.
We'll see how it goes.
(I'm obviously just posting blah on here. Anything new with any of you?)
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1 comment:
It's a good idea. I know friends who have been doing this. Better to make good with your own money rather than let the government earn interest on it!
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