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Old 01-29-2013, 01:40 PM
 
691 posts, read 641,441 times
Reputation: 285

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Quote:
Originally Posted by Briolat21 View Post
Yeah. Sorry, figured that was the case (that you were higher income), etc..


Well, at least you'll be able to better predict for next year now and adjust your witholding accordingly. This year you'll just have to bite the bullet and write the check.

Yep. I maxed out both of our 401K percentages and submitted a new W-4 to take out additional money each period.
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Old 01-30-2013, 03:31 PM
 
Location: Waterworld
1,025 posts, read 1,178,921 times
Reputation: 934
OP, I am just really confused why you would use 2 different websites (that sound like scamming websites) to send payments to the IRS?
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Old 01-30-2013, 04:35 PM
 
2,135 posts, read 3,542,379 times
Reputation: 1670
Quote:
Originally Posted by jeremy2788 View Post
OP, I am just really confused why you would use 2 different websites (that sound like scamming websites) to send payments to the IRS?
I think he is a troll. Trying to get us to use the websites. Otherwise he is crazy....which is completely possible on CD.
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Old 02-05-2013, 04:09 PM
bg7
 
7,698 posts, read 7,668,357 times
Reputation: 15003
Quote:
Originally Posted by ColonelStraker View Post
My interest deduction was about $63K each year on a $780K mortgage.

Our combined income is $208K. I tried multiple software programs (TurboTax, TaxCut, TaxAct) and they all say the same thing. We have lots of things to deduct like education expenses (my wife is full time student), but our income is too high to deduct anything.

Perhaps you just got whacked with AMT - thats why the witholding calculator didn't help so much?
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Old 02-05-2013, 04:25 PM
 
Location: Keosauqua, Iowa
8,881 posts, read 15,692,230 times
Reputation: 11463
Quote:
Originally Posted by ColonelStraker View Post
I am getting hosed with my 2012 taxes too. My wife and I have only salary and can only take the standard deduction last year because we sold our home in 2011 and are now renting.

I plugged out W-2 into TurboTax and found out we under-withheld over $6000. How the hell does that happen!!!!! We both declared ONE ALLOWANCE on our W-4.
I'm confused. If only one of you works why did you both fill out a W-4?
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