Comments on: How to Adjust Tax Withholdings http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/ Mon, 21 May 2012 14:19:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jeffrey Kosola http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-10514 Jeffrey Kosola Thu, 06 Jan 2011 16:29:28 +0000 http://deliverawaydebt.com/?p=1501#comment-10514 Hey Phil, I just ran my numbers through for the year (2010) and after changing my withholdings to 8 last year I still came out a couple grand ahead. I did have some OT that was taxed higher that helped, but having the extra money each pay check really fired up my debt snowball. Thanks for the comment. By the way, having paid off my 2nd mortgage last year is causing me run my numbers again because I won't be able to claim the interest anymore. Hey Phil, I just ran my numbers through for the year (2010) and after changing my withholdings to 8 last year I still came out a couple grand ahead. I did have some OT that was taxed higher that helped, but having the extra money each pay check really fired up my debt snowball. Thanks for the comment. By the way, having paid off my 2nd mortgage last year is causing me run my numbers again because I won’t be able to claim the interest anymore.

]]> By: PT http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-10487 PT Wed, 05 Jan 2011 22:47:47 +0000 http://deliverawaydebt.com/?p=1501#comment-10487 Definitely and interesting rule of thumb you used to reach 4. I'm currently researching this topic and I'd never heard of that one. Excellent write up. You really showed what it takes to get your W-4 to where it needs to be. Most people never take the time to do this properly. It's really a shame that is has to be this difficult. Definitely and interesting rule of thumb you used to reach 4. I’m currently researching this topic and I’d never heard of that one. Excellent write up. You really showed what it takes to get your W-4 to where it needs to be. Most people never take the time to do this properly. It’s really a shame that is has to be this difficult.

]]> By: Penalties for Failure to Pay Federal Taxes http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-4658 Penalties for Failure to Pay Federal Taxes Tue, 22 Jun 2010 07:28:51 +0000 http://deliverawaydebt.com/?p=1501#comment-4658 [...] the amount of taxes I pay.  I really enjoyed figuring out how to keep more money in my paycheck by adjusting my tax withholdings.  As a debt blogger, I began to wonder what would happen if you failed to pay taxes.  Thanks to [...] [...] the amount of taxes I pay.  I really enjoyed figuring out how to keep more money in my paycheck by adjusting my tax withholdings.  As a debt blogger, I began to wonder what would happen if you failed to pay taxes.  Thanks to [...]

]]> By: Reblogger Memo Headlines » Blog Archive » Money Hacks Carnival #106 – The Savvy Saver Edition http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-2228 Reblogger Memo Headlines » Blog Archive » Money Hacks Carnival #106 – The Savvy Saver Edition Tue, 20 Apr 2010 16:31:11 +0000 http://deliverawaydebt.com/?p=1501#comment-2228 [...] Kosola presents How to Adjust Tax Withholdings posted at DeliverAwayDebt. If you haven’t already done your taxes, do it soon. Then adjust [...] [...] Kosola presents How to Adjust Tax Withholdings posted at DeliverAwayDebt. If you haven’t already done your taxes, do it soon. Then adjust [...]

]]> By: Filing Taxes- A List of 7 Changes | The Millionaire Nurse Blog http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-1756 Filing Taxes- A List of 7 Changes | The Millionaire Nurse Blog Mon, 05 Apr 2010 14:18:03 +0000 http://deliverawaydebt.com/?p=1501#comment-1756 [...] from Deliver Away Debt-this post is about making sure your tax with-holdings are done [...] [...] from Deliver Away Debt-this post is about making sure your tax with-holdings are done [...]

]]> By: Attorney Don Hecker Message » Blog Archive » Money Hacks Carnival #106 – The Savvy Saver Edition http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-1347 Attorney Don Hecker Message » Blog Archive » Money Hacks Carnival #106 – The Savvy Saver Edition Wed, 17 Mar 2010 19:30:43 +0000 http://deliverawaydebt.com/?p=1501#comment-1347 [...] Kosola presents How to Adjust Tax Withholdings posted at DeliverAwayDebt. If you haven’t already done your taxes, do it soon. Then adjust [...] [...] Kosola presents How to Adjust Tax Withholdings posted at DeliverAwayDebt. If you haven’t already done your taxes, do it soon. Then adjust [...]

]]> By: Jeffrey Kosola http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-1202 Jeffrey Kosola Mon, 08 Mar 2010 17:22:02 +0000 http://deliverawaydebt.com/?p=1501#comment-1202 @Daniel, at least you won't be paying Uncle Sam. I'm all for getting the money to use when I want to. I think you still get money back because of rounding the withholdings down. For me the calculator showed 8.7 as my number but says to round down. I should be getting my newly calculated pay check soon :-) @Daniel, at least you won’t be paying Uncle Sam. I’m all for getting the money to use when I want to. I think you still get money back because of rounding the withholdings down. For me the calculator showed 8.7 as my number but says to round down. I should be getting my newly calculated pay check soon :-)

]]> By: Daniel http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-1201 Daniel Mon, 08 Mar 2010 16:20:24 +0000 http://deliverawaydebt.com/?p=1501#comment-1201 I wrote about this back in October when I adjusted my withholdings and changed to 10 allowances (!), and I STILL am getting $585 back in federal taxes and $283 back in state taxes. I tried to stop it, and I guess I came fairly close (If I hadn't changed anything, I would have gotten back about $3,000 combined), but I hate giving the government an interest free loan! .-= Daniel´s last blog ..<a href="http://feedproxy.google.com/~r/SweatingTheBigStuff/~3/9seTwQbGMX4/" rel="nofollow">Are Employers Making Crazy Assumptions?</a> =-. I wrote about this back in October when I adjusted my withholdings and changed to 10 allowances (!), and I STILL am getting $585 back in federal taxes and $283 back in state taxes. I tried to stop it, and I guess I came fairly close (If I hadn’t changed anything, I would have gotten back about $3,000 combined), but I hate giving the government an interest free loan!
.-= Daniel´s last blog ..Are Employers Making Crazy Assumptions? =-.

]]> By: Lean - Life - Learn « Eliminate The Muda! http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-1156 Lean - Life - Learn « Eliminate The Muda! Sat, 06 Mar 2010 20:35:13 +0000 http://deliverawaydebt.com/?p=1501#comment-1156 [...] the government. If  you want to make sure you get your witholdings on your W4 correct, check out How to Adjust Tax Withholdings by Deliver Away Debt. [...] [...] the government. If  you want to make sure you get your witholdings on your W4 correct, check out How to Adjust Tax Withholdings by Deliver Away Debt. [...]

]]> By: Jeffrey Kosola http://deliverawaydebt.com/taxes/how-to-adjust-tax-withholdings/comment-page-1/#comment-1103 Jeffrey Kosola Wed, 03 Mar 2010 19:01:17 +0000 http://deliverawaydebt.com/?p=1501#comment-1103 Wow Steve, that's great. Sounds like you are an expert with the IRS ;-) Having the mix of the W-2 and the 1099's sounds like a headache. I've only had to work with W-2s and it works great so far. We'll see what happens this year. Thanks for your comment today, Take-Care, Jeff Wow Steve, that’s great. Sounds like you are an expert with the IRS ;-) Having the mix of the W-2 and the 1099′s sounds like a headache. I’ve only had to work with W-2s and it works great so far. We’ll see what happens this year.

Thanks for your comment today,

Take-Care, Jeff

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