The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/ltlt-my-wife-and-i-for-the-past-2-years-are-11906436.aspx

Subject:  Re: Why do I always owe? Date:  2/1/2000  6:22 AM
Author:  pmarti Number:  26573 of 121061

<< My wife and I for the past 2 years are will owe approximately 4k in taxes. We both claim 1 on our taxes and write off everything we can think of. We haven't met with an accountant yet. Does anyone have any clues. >>

Have you tried going through the worksheet on the W-4, paying special attention to the two earner part? If you want to avoid the balance due, you're going to have to increase your withholding.

Phil Marti
Tax Preparer
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us