I noticed in a couple of the tax questions people were saying to adjust something so you are getting less back in taxes but are also paying in less during the year so you have more in your pocket throughout the year. Well what am I supposed to adjust?
Here is what my taxes look like this year. We are getting $9443 back. $2000 I know is from child tax credit for my 2 kids and $600 is part of the economic stimulus from last year. My husband re-enlisted and we got his bonus in December. The bonus was $36,000 but they took out $9,000 in taxes so we actually got $27,000. The bonus is added in to our regular income on the w2 so it says we made $60,000 this year so we did not get the EIC.
What do I need to adjust on our forms so they are taking out less during the year and paying back less at the end of the year?
Asked by Anonymous at 8:18 AM on Jan. 27, 2009 in Money & Work
Answer by flmom321 at 8:27 AM on Jan. 27, 2009
Answer by Anonymous at 9:10 AM on Jan. 27, 2009
Answer by Anonymous at 9:56 AM on Jan. 27, 2009
Answer by momofsaee at 10:49 AM on Jan. 27, 2009
Answer by slw123 at 12:35 PM on Jan. 27, 2009
Next question overall
11 year old son unable to fall asleep........help!
Check out some of the top posts today in Groups: