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View Full Version : Adjust Withholdings Advice


nitinsingla
Dec 28, 2005, 02:56 PM
I recently read one of the topic on this site regarding adjusting your withholding to pay the least amount of Tax to IRS.

My question is that how would I know that my withholding are correct with my employer/

Any advise

Thanks

Nitin

AtlantaTaxExpert
Dec 28, 2005, 09:37 PM
Nitin:

The withholding is important, but not that important. Ideally, the withholding should be enough to cover your tax liability, nothing more. A refund is an interest-free loan to the U.S. government.