Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
W2s are up
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="MattM" data-source="post: 4343624" data-attributes="member: 53192"><p>Back when I was able to do the retirement savings credit, I double downed on that. By saving $2000, they gave me a tax credit of $1,000. That credit could be used on your tax liability. So even though I tried having 3 allowances and zero taken out (should’ve claimed exempt), I still had a solid return each year</p><p></p><p>Other fellow coworkers had nothing to show for themselves savings wise, but a higher AGI, higher tax liability, and no tax credit. But they got a huge refund. </p><p></p><p></p><p>It’s very tough explaining tax stuff to most people.</p></blockquote><p></p>
[QUOTE="MattM, post: 4343624, member: 53192"] Back when I was able to do the retirement savings credit, I double downed on that. By saving $2000, they gave me a tax credit of $1,000. That credit could be used on your tax liability. So even though I tried having 3 allowances and zero taken out (should’ve claimed exempt), I still had a solid return each year Other fellow coworkers had nothing to show for themselves savings wise, but a higher AGI, higher tax liability, and no tax credit. But they got a huge refund. It’s very tough explaining tax stuff to most people. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
W2s are up
Top