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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 |
   
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41 | 42.71% |
| I try and withhold the exact amount I'll need |
  
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36 | 37.50% |
| I try and under-withhold and just make up the difference at tax time |
  
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14 | 14.58% |
| What the hell are you talking about? Strategy? I just check the boxes and see what happens. |
  
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5 | 5.21% |
| Voters: 96. You may not vote on this poll | |||
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01-18-2013, 10:37 AM
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#29 |
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Join Date: Dec 2002
Casino cash: $57156239
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Every January I reset back to the typical default withholding and don't think about it till October. In October I take a close look at what I've withheld and what I'll likely owe, then I adjust for the rest of the year.
I get the best of both worlds. The government does not get an interest-free loan, and I basically get a 3-month "bonus" during the holiday season when people sometimes need more money anyway. Stop getting those huge refunds, give yourself a 3-month pay-raise at the end of every year instead.
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Your tax withholding strategy
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