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Don't forget your taxes!

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SirPeale:

Ah, I got it.  You're claiming '1' on your W4.  I always claimed '0'.

paigeoliver:

If I claimed zero then I would get a giant return every year. I am good with my money, I don't have to give free loans to the government like most of my idiot co-workers do. My average co-worker is a single mother who gets earned income-credit and thus already gets a gigantor return (larger return than they even pay), and most of them STILL have them take out extra money every check so they can get an even bigger return. Apparently it is the way they make large purchases.

SOAPboy:


--- Quote from: paigeoliver on April 15, 2005, 08:00:55 am ---If I claimed zero then I would get a giant return every year. I am good with my money, I don't have to give free loans to the government like most of my idiot co-workers do. My average co-worker is a single mother who gets earned income-credit and thus already gets a gigantor return (larger return than they even pay), and most of them STILL have them take out extra money every check so they can get an even bigger return. Apparently it is the way they make large purchases.

--- End quote ---

Meh, i claim 0 and in that "extra withhold line" i put 1$.. love getting ALL my money back.. ^_^

Bones:

Not trying to rub salt into any wounds, but in the US you only get awarded 2 weeks holiday per year, is this right?

So if you want to go overseas for 6 weeks you have to sacrifice holidays for three years for them to accumulate?

We get 4 weeks per year here and at times I struggle maintaining any worthwhile holiday "buffer".



SirPeale:

Interesting.  When I claimed zero I got  back a couple hundred usually.  Spread out over a year, that's not terribly bad.  Better than shelling out *anything* at tax time.

Now that I have kids, my average return is about $4,000.  Of course, there's always the expense involved...  ;D

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