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
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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
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.
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