Also, change W-2 at work to deductions that are the number of people on your IRS form. Change from 0 to 1, 2, 3 4 whatever the number you claim on IRS form, so they take less taxes out of your pay, and file an estimated tax every quarter just keep up with what you may owe. ME-I am retired and only do estimated tax payments every quarter …
Also, change W-2 at work to deductions that are the number of people on your IRS form. Change from 0 to 1, 2, 3 4 whatever the number you claim on IRS form, so they take less taxes out of your pay, and file an estimated tax every quarter just keep up with what you may owe. ME-I am retired and only do estimated tax payments every quarter and once trump/GOP got elected I never paid my last installment and fiddled with my taxable income before 12/31/2024 enough so I only owe $95.
Next year, I will do no estimated taxes and pay that penalty or pay less than I should as I plan for end of year IRS taxes
Also, change W-2 at work to deductions that are the number of people on your IRS form. Change from 0 to 1, 2, 3 4 whatever the number you claim on IRS form, so they take less taxes out of your pay, and file an estimated tax every quarter just keep up with what you may owe. ME-I am retired and only do estimated tax payments every quarter and once trump/GOP got elected I never paid my last installment and fiddled with my taxable income before 12/31/2024 enough so I only owe $95.
Next year, I will do no estimated taxes and pay that penalty or pay less than I should as I plan for end of year IRS taxes
This is very interesting and informative, things I will be looking into for myself!
I never got a tax refund in my life. But, I am a good saver of the extra tax money in my pay check.
Estimated taxes are super easy and you can do them online in lots of places.