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I love investing, I really do. At the start of this year I discovered Fooldom and I'm even more into it than ever.

What I hate are taxes. Suspect I'm not alone there. So, now that I'm investing and recently married and even own a house now... why the heck do I pay so much in taxes?

It used to be that I didn't own a home. All my friends did and loved April. "Look at my refund" is all I heard. Now I own a home... and I STILL end up paying and extra $1500-$2500 in taxes come April! Nope, my paroll deduction isn't wrong... it's 0. Z-E-R-0! What the heck am I doing wrong? I'm having the max deducted from my paycheck and I still owe? What's that about?

This includes no capital gains or anything like that. I itemize, deduct property taxes and state taxes, and still owe! Yikes!

I have no kids and my wife works. She claims 1 exemption on her W-4.

Anyone out there have a similar problem? I just got done with Quicken's tax planner so I'm slighty agitated. Thanks for letting me vent!

Fool On,

BostonBear


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