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Author: mpm3745 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122521  
Subject: I'm tired of loaning my $$$ to Uncle Sam Date: 4/2/2002 4:51 PM
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Hey All-

This year I will be refunded $6800 from the IRS. I hate giving my money to the IRS. I need help devising a tax strategy to keep my money in my hands and end up even owing the IRS money at the end of the year. I adjusted my withholding allowances to 9 on my W-4 towards the end of last year and have since changed them to 6 since I am now enrolled in my company's 401(k) plan. Do any of you Fools know how or where I can calculate how many witholding allowances I can/should take? The 6 is just a SWAG. Additionally, how and where can I make investments so I won't end up getting such a huge refund?

Thanks in advance,

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