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I'm a normal American and have only once paid more than I've received for federal taxes. Withholding has nothing to do with it.
by t-3 2y ago
I'm a normal American and have only once paid more than I've received for federal taxes. Withholding has nothing to do with it.
- johnnyanmac 2y agoWithholding has everything to do with it. Why do you think $10 an hour comes down to 1200 instead of 1600/month? You can choose to withhold more or less, but the default taxation on w-2's do generally give a bit of a refund. Better to take out too much when you don't need it than slam down a gigantic bill when at once a year later.
- t-3 2y agoIf the refund is more than I paid in total, I would get a refund if I didn't pay anything at all though.
- llamaimperative 2y ago[flagged]