[b4its2late]

Cheney better revise his W-4. He's giving the government an interest free loan. Best to get neither a refund nor pay anything on the 15th, unless it's less than $500.

[volchef]

>i>He's giving the government an interest free loan.

Ding ding ding....we have a winner. I try explaining this to idiots all the time and they just look at me like what planet did you come from??

[usapatriot28]

Best to get neither a refund nor pay anything on the 15th, unless it's less than $500.

I try and target owing around $100-200, and never pay it before April 15th. I always laugh at people that brag about getting large refunds. They think they are coming out ahead. Stupid people. We should get rid of withholdings so that the stupid people truly understand how much they are paying. Then we might get some real tax reform.

[dfwgator]

It's best to owe the largest possible amount in taxes on April 15th, that won't incur a penalty.

[WoofDog123]

sounds like cheney just withheld the max. tax rate on the cap. gain. if he hadn't given as much away it would have avoided any problems with underpayment, etc.

[Crolis]

Cheney better revise his W-4. He's giving the government an interest free loan. Best to get neither a refund nor pay anything on the 15th, unless it's less than $500.

Good idea. I tweaked my W-4 last year to create just this type of scenario. This year when I filed, once everything was tallied, I wound up owing about $80 to the Feds. Much nicer than last year.