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Financial Planning / Tax Strategies


Subject:  Refund or Payment? Date:  3/19/2001  4:36 PM
Author:  butterfly414 Number:  48692 of 129991

i was wondering if someone could give me some insight. i am a little worried that i may owe money this year. it is my first full year out of college. i was making about $45,000 last year and my only deduction is my 401K. i have heard that single people making "a lot" of money (whatever that means) usually have to pay back money in taxes. should i be expecting this? i have never owed befored since i was in school and claimed by my parents. any prediction would be helpful...
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