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Mar 2, 2021
5:32
:00
pm
TwinsRight
All-American
<< Deleted >>
This message has been modified
Originally posted on Mar 2, 2021 at 5:32:00pm
Message modified by TwinsRight on Mar 2, 2021 at 5:33:42pm
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TwinsRight
Bio page
TwinsRight
Joined
Nov 21, 2015
Last login
May 23, 2024
Total posts
7,078 (445 FO)
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Messages
Author
Time
I am getting an unusually high amount of money in my federal and state tax
Beggar
3/2/21 5:26pm
<< Deleted >>
TwinsRight
3/2/21 5:32pm
Split the difference and adjust them a little
TwinsRight
3/2/21 5:36pm
Could also not do any withholding and put it in a savings account to pay full
Powerbait DPM
3/2/21 6:04pm
I screwed up big time this year. Combination of new software, bonuses being
doctorcoug
3/2/21 6:17pm
Tell me more about bonus withholding.
Beggar
3/2/21 6:55pm
My understanding is that is withheld at the rate as if it was the rate of your normal income, so
BeyondTheMark
3/2/21 7:17pm
Sounds like your employer did the aggregate method, which feels like 40 percent
doctorcoug
3/2/21 7:18pm
I'm sure the government loved the interest free loan.
draperman
3/2/21 7:11pm
I always use the IRS withholding calculator to get an idea.
Bin01015
3/2/21 8:01pm
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