The Sound Guy
Pursuit Driver
Got my first check using the new withholding tables.
Check went up over $100.
I did a rough forecast of what my taxes are really going to be under the new law.
At this level of witholding, I'd owe over $4000 next april!!! Yikes!!
I'm going to try to fix my withholding ASAP. I hope they let me with the new w-4s not being out yet.
Folks, when some accurate calculators come out, check and double check your withholding to ensure it's gonna cover what you need. One thing really hurting me is with GA being a fairly high state income tax state and Paulding Property taxes being so high, I'm losing over $4000 in deductions due to the $10000 limit on SaLT. (State and Local Taxes) The other is losing the $12,000 in exemptions for my and my wife (since I deduct anyway) $16,000 * 25% = the $4000 I would owe.
GOP sucks. Voting Libertarian next time.
Check went up over $100.
I did a rough forecast of what my taxes are really going to be under the new law.
At this level of witholding, I'd owe over $4000 next april!!! Yikes!!
I'm going to try to fix my withholding ASAP. I hope they let me with the new w-4s not being out yet.
Folks, when some accurate calculators come out, check and double check your withholding to ensure it's gonna cover what you need. One thing really hurting me is with GA being a fairly high state income tax state and Paulding Property taxes being so high, I'm losing over $4000 in deductions due to the $10000 limit on SaLT. (State and Local Taxes) The other is losing the $12,000 in exemptions for my and my wife (since I deduct anyway) $16,000 * 25% = the $4000 I would owe.
GOP sucks. Voting Libertarian next time.