[PapaBear3625]

Surprised IRS doesn’t go after tax refunds prior to retirement. Assume there would be a better chance of collection.

Only if there ARE tax refunds. I don't know about you, but I adjust my withholding so that I end the year owing a few bucks (but not enough to trigger penalties/interest).

[Graybeard58]

I don’t know about you, but I adjust my withholding so that I end the year owing a few bucks (but not enough to trigger penalties/interest).

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I always do that but in 2012, my wife and I adopted two children and in the excitement of it all, it never occurred to me how those two new dependents would affect our income tax return. When I filed for 2012 we got over $7,000 refund. I quickly adjusted withholding accordingly.