The bastards must’ve also raised the income tax rates...wife and I both claimed married and 0, still had a tax bill at eoy of almost $2000!
We paid $620 in fines, er, uh tax, er uh, fines, the week before deadline of April 15th.
That’s over and above ALL the taxes I paid in during the year!................
> “The bastards must’ve also raised the income tax rates...wife and I both claimed married and 0, still had a tax bill at eoy of almost $2000!”
You two are obviously working too hard. You need to kick back, relax and apply for an EBT card.
We would have been happy (as seniors w/S.S.) to have a tax due of $2000. We were a bot shocked to see ours at $18,000. No, our house sale was this year. Hate to think what next year taxes will be. (We don’t get subsidized insurance either). we just re-invested a 401 and they called it a disbursement instead of a rollover. Talk about shock! We’re getting it corrected with the bank’s help. I will be bad enough without that amount.
“The bastards must’ve also raised the income tax rates...wife and I both claimed married and 0, still had a tax bill at eoy of almost $2000!”
When we had two incomes, we both had to claim single in order to have them withhold enough. They make it difficult on purpose - to hide just how much income they are redistributing from us. As the 2nd income, I wanted 28% (back then) withheld - you have to go through a myriad of calculations to figure out how to have them withhold that simple percentage!