darkluna | (no subject)

Entry tags:

bitter

(no subject)

IRS,

You FUCKER. What have I done to you? Seriously. Did I run over your puppy? Did I make your mommy cry?

Every year I make sure I've told the truth on my W-4. Every year I owe money. Not just a little money. A thousand fucking dollars. Every. Fucking. Year.

I should not have to take vast chunks out of my paycheck every month just to ensure I don't have to write you a big huge check every April. If I put the right info on the W-4, you should take out the right amount of taxes. I should not owe you anything. Is any of what I'm saying making sense to you, you crack-addled monkey whore of a governmental agency?

no love,
darkluna

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Holy Hell! How did that happen? What do you claim on your W-4?

I claim 1, just like the worksheet tells me.

I think I'm basically being penalized for having 2 jobs, in that neither takes out enough for the tax bracket I end up in. I just have to get it through my head that I need to claim 0 and take home a lot less so that I can at least get a big refund when it's all over. Grr.

You're allowed to claim zero, so they'll take more out initially, but you won't have to pay that way. I'd look into that.

yeah I'm pretty sure that's what's going on. There is the lengthy unappealing page 2 of the worksheet that does make you factor in multiple jobs and if your total wages from said jobs is over a certain amount. The amount an employer withholds is based on tables generated by the IRS in the wonderful sleep-aid, Publication 15. They calculate the withholding on each paycheck as if you have/will receive that amount each pay period throughout the year.

Two easy options:
1. claim 1 on one job and 0 on the other.
2. figure out about how much you end up owing each year, divide it by the number of pay periods at your main job, and claim 1 with that amount as extra withholding.

One easy but annoying option:
1. make periodic estimated tax payments (e.g. $100 a month)

but yeah ... the system is ... clunky, to put it nicely.

Yeah, if you're claiming 1 on each check, they'll treat you like you're claiming 2. I'd claim 0 on at least one, and hell, both if you can. It depends on how it would affect your monthly income, but at least they won't be sodomizing you each spring. o_O

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