Oy, can you HAVE that many [tax] allowances?
September 16, 2006
Checked out the 2006 Withholding Calculator and I’m not sure what’s more mystifying: the fact that I may come up overwithholding almost double my actual tax bill, that they’re recommending that I increase my allowances to 13 to adjust for the remainder of 2006, or the fact that I just can’t bring myself to believe them.
The IRS, I mean. I don’t believe their website’s calculator that I’ll only owe half of the total
amount that will be withheld this year. I probably should, and probably should adjust my W-4 right away since I’m running out of 2006, but I can’t really believe it.
There’s no logic to this disbelief at all. I just don’t want to change it and find out that it was utterly the wrong thing to do.
And? You can have 13 allowances? What are allowances? I should look this up.
Sorry for the off-topic comment, but I wanted to thank you for commenting on my blog and your offer to email your friends–J and I are talking about our options; hopefully I’ll know something soon about whether we’re staying or going!
Not at all, you’re quite welcome! I know a new job and moving are exhausting changes on their own but to do both and find that you’re not entirely happy really doesn’t help. I hope you guys are able to come to a decision you’re happy with!