Thread: Money I owe the IRS $4,000
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Old 02-16-2020, 01:29 PM   #112
lewdog lewdog is offline
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Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $1651900
Quote:
Originally Posted by DaFace View Post
I always despise this take. Yes, it's technically true, but unless you are overwithholding by thousands, you're losing like $20 in the interest at most. That's well worth it to avoid the possibility of big bills come tax time for many.
This guy gets it.

Unless you are leveraging as much money as you can day trading in the stock market, the "interest" amount you may miss is negligible for almost everyone. I always end up with a small return each year (This should be most people's goal as breaking even is tough to calculate). It's WAY better than owing any amount of money.
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