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Financial Planning / Tax Strategies


Subject:  Re: taxing question Date:  7/27/1999  10:44 AM
Author:  bytejockey Number:  17693 of 128043

As edcosoft frequently (and correctly) points out, if your withholding is not already enough, you can wait until your last paycheck of the year before increasing it as much as you need because, by operation of law, all withholding amounts are "deemed" to be spread evenly throughout the year.

Unless the amount underwithheld is greater than the amount of the last paycheck, in which case you'd need to start the extra withholding sooner in the year.


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