Comments on: How to Adjust Your Income Tax Withholding Allowances

By: Save Money Tips: Get Your Savings Back on Track

Save Money Tips: Get Your Savings Back on Track — Fri, 18 Nov 2011 18:06:44 +0000

[...] little. Check out the tax calculator over at IRS.gov. It will tell you if you’ll owe money or get a refund. If you’re going to get a refund, look at increasing your withholding allowances to have more [...]

By: TheGooch

TheGooch — Fri, 11 Nov 2011 11:21:50 +0000

The important part is managing the extra money wisely and not blowing it. Some people lack the discipline to do this, and are better have letting the IRS “force” them to save up the money.

For those of us with discipline, we can put the money towards retirement, pay off debt, etc. sooner rather than later.
TheGooch recently posted..Coconut Oil and Your Health

By: Daddy Paul

Daddy Paul — Thu, 25 Feb 2010 20:19:24 +0000

One item worth noting. If you work gobs of overtime in short periods or get bonuses chances are you are going to drastically over pay the Federal Government. I worked a lot of overtime for about half of the year and I claimed 20 deductions and still got a nice refund. I will add I had seven dependents that year. .-= Daddy Paul´s last blog ..More of why I dislike target date retirement funds =-.

By: Jason Price

Jason Price — Fri, 19 Feb 2010 01:37:46 +0000

Ha ha. But I’m confident we can all learn to manage the extra money wisely each month! Maybe not in lot’s of cases today, but that’s the main reason for my writing here at One Money Design – help people manage their money wisely.

By: Financial Samurai

Financial Samurai — Thu, 18 Feb 2010 14:35:06 +0000

Helpful Jason. Maybe the lack of knowledge on how to adjust one's withholdings is one of the main reasons why people don't do it, and then get refunds. Ignorance is bliss in this department! .-= Financial Samurai´s last blog ..We Have Peanut Butter, But No Bread – Making Do With Less =-.