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But why via witholdings? I don't take witholdings and then just cut the appropriate check come April. They're basically a zero interest loan to the government.
by ves 10y ago
But why via witholdings? I don't take witholdings and then just cut the appropriate check come April. They're basically a zero interest loan to the government.
- pmiller2 10y agoUnder the UK scheme, for an ordinary employee (basically the kind of person the cheap and free editions of TurboTax are designed for), you're simply paying your tax as you go. It's not really a zero interest loan to the government; it's just paying off what you owe one paycheck at a time.