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Brown Cafe UPS Forum
UPS Discussions
Withholdings on your paycheck
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<blockquote data-quote="Overpaid Union Thug" data-source="post: 4320596" data-attributes="member: 198"><p>I started using the withholding calculator (don’t want to pay a tax man) years back and figured out what my magic number was. I still use it every year just to be sure. I always subtract one just to be safe. Screw getting a “refund”. That’s an interest free loan to an entity that sucks at managing money. I put the money most people get back from overpaying into my 401k every year. I laugh at people that need the government to hold their money for them interest free so that they’ll have it to spend the following year. LOL</p></blockquote><p></p>
[QUOTE="Overpaid Union Thug, post: 4320596, member: 198"] I started using the withholding calculator (don’t want to pay a tax man) years back and figured out what my magic number was. I still use it every year just to be sure. I always subtract one just to be safe. Screw getting a “refund”. That’s an interest free loan to an entity that sucks at managing money. I put the money most people get back from overpaying into my 401k every year. I laugh at people that need the government to hold their money for them interest free so that they’ll have it to spend the following year. LOL [/QUOTE]
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Withholdings on your paycheck
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