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There's a lot of value in being able to hone in on the exact figure -- 31.8% based on your previous year's income and deductions -- giving you an extra 9.2% if
by jessedhillon 11y ago
There's a lot of value in being able to hone in on the exact figure -- 31.8% based on your previous year's income and deductions -- giving you an extra 9.2% if you were conservative and putting aside 40%. I don't know if that's what this service can actually offer, just putting out there that it's more complicated than just setting aside a gross estimate like that.
- acallwood 11y agoTotally right - We withhold exactly the amount you need to set aside, as opposed to just blindly ballparking it as we've all done at some point (if we separated taxes at all). Taking the guesswork out of the amount we should be setting aside is a big piece of why we built Painless!