And yes, if you married this year, did not adjust your witholding, and your wife makes as much or more than you do, you might be in for a rude awakening come tax day. You really should do some current planning because you still have 2 months to adjust your withholding to avoid penalties that you might otherwise incur for underwithholding.That's what i'm afraid of, but here are some complications:1) Didn't start the job until AFTER getting married. 2) My wife makes less than i do (were she filing single, she'd be in the 15% bracket)And how is it that my employer is only witholding 10%! Even if i was single, i'd be in the 28% bracket and my "effective rate" would still be over 17%! I guess i need to go talk to Human Resources?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<