2010 Withholding Changes

[AnonymouslyIndebted]

I noticed our tax withholding went up. Yes, we did have a little raise, but my estimations of tax withholding didn't match up. Read this article and know why. It seems that if one doesn't change their withholdings, that with more being withheld and the making work pay credit, your refund could be much higher next year.

[athensgaguy]

You can change your withholding with a W-4.

[GEORGE]

MINE IS JUST 9 DEDUCTIONS

 

+STATE $__.00

 

+FEDERAL $___.00

 

PER PAYCHECK

 

I don't have a refund (INTEREST FREE LOAN TO THE STATE and FEDERAL GOVERNMENTS)

[MB82x]

Do you wind up owing, getting a small refund, or do you just constantly tweak to come out break even?

[AnonymouslyIndebted]

Do you wind up owing, getting a small refund, or do you just constantly tweak to come out break even?

I usually wind up getting small refunds.