Quote:
Originally Posted by John 070
If people have the correct amount of exemptions and withholding, um, ya think maybe they get a refund due to itemized deductions? You act like people who get refunds are simple-minded, when in reality, they probably are a tad bit more sophisticated than Mr 1040 EZ.
I think people who recommend others bump their exemptions above and beyond what they really have, are just plain giving out stupid advice. Stupid.  |
ORLY? I happen to itemize every year (mortgage interest, sales and use tax, etc...). i haven't used the 1040EZ form in about 12 years. I have simply adjusted my W-4 up to make sure I do not end up with a refund come tax time. The worksheet they give you for the W-4 is rather pointless. As an example, I am single with no children and I am claiming 4 on my W-4 right now.
Be careful who you are calling stupid...