How do I find out exactly how much I will owe in taxes next year?

1 Answer

Answer :

For me, when I claim 1, I end up with a sizable refund. I don’t like getting a refund because that means the government withheld money that is rightfully mine that I could have invested and got some return on but didn’t. I’ve been claiming 8 which I was told was about the limit before they start asking questions and requiring documentation – this year I owe $240 so it worked out rather fine.

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