2 ms·
In the US, taxes are usually deducted from your paycheck- however, you have to file every year because the amount deducted is rarely even close to the actual a
by ensignavenger 10y ago
In the US, taxes are usually deducted from your paycheck- however, you have to file every year because the amount deducted is rarely even close to the actual amount owed. Not sure how it breaks down, but I would not be surprised if the majority of people in the US get refunds every year because the Government takes more than they are entitles to. This gives the Government free float. It would be wonderful if we had a more simple tax system where the withholdings could be accurate without needing to tell your employer too much about your private affairs.