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You should change your tax deduction. There is no penalty for overpaying, and it's much nicer to receive a bunch of money every year than to possibly owe it.
by snarfy 6y ago
You should change your tax deduction. There is no penalty for overpaying, and it's much nicer to receive a bunch of money every year than to possibly owe it. You won't miss it on your paycheck.
- kortilla 6y ago> There is no penalty for overpaying Present value of money...
- andrewjl 6y agoOpportunity costs hugely outweigh the present value of money in this case. Especially given current risk-free rates.
- kulahan 6y agoWhy would I give the government an interest-free loan when they could give me one instead?