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View Poll Results: What's your strategy for tax withholding?
I try and over-withhold so that I get some back at tax time 41 42.71%
I try and withhold the exact amount I'll need 36 37.50%
I try and under-withhold and just make up the difference at tax time 14 14.58%
What the hell are you talking about? Strategy? I just check the boxes and see what happens. 5 5.21%
Voters: 96. You may not vote on this poll

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Old 01-18-2013, 11:13 AM   #1
alnorth alnorth is offline
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Originally Posted by Omaha View Post
Just be careful. If you are too underwithheld you'll have to pay interest & penalty to them.
when in doubt, just withhold what you owed the prior year, that is a safe harbor even if you end up massively under-withheld.
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Old 01-18-2013, 11:57 AM   #2
Omaha Omaha is offline
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Originally Posted by alnorth View Post
when in doubt, just withhold what you owed the prior year, that is a safe harbor even if you end up massively under-withheld.
110% if your taxable income is over $150K & you aren't a farmer, but yes. Not a bad idea.
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