Did my taxes
www.esmarttax.com
There might be better sites, but I shopped for the cheapest one a few years ago and have stuck with them. I pay $15 to file fed and state and seem to get the direct deposit within a week and a half or so. Took me about an hour this time. Thanks to bonus getting taxed at high rates, five kids, big mortage, tithing, healthy 401K and health care flex account payment rates, I'm getting a TON of money back. |
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On my W4 I pay $50 to fed per pay check. :) They told me if you do zero it raises a red flag for audit. |
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Plus with five kids that's five grand in your pocket even if you don't pay or owe any taxes.
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w4 deductions dont cover bonus?
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On my w4 there are two items, deductions and extra per month. I put the appropriate number of deductions to account for my salary and an extra per month (as a dollar amount) to cover other income (taxable investments, consulting). If my other income starts to get too high in a particular year I have the lovely experience of filing estimated taxes every 3 mos. In your case I guess you need to write "10" or something large for Federal deductions. I try to automate savings withdrawals and don't tell the wife much about the extent of "other income" to keep the spending side under control. |
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