The new forums will be named Coin Return (based on the most recent vote)! You can check on the status and timeline of the transition to the new forums here.
The Guiding Principles and New Rules document is now in effect.
As a single dude with no deductions, other than the meager student loan interest, I always put 1 and always got money back. don't forget that some of your income isn't counted towards taxes (you take the standard deduction, like 5,000 or something) and any social security/medicare isn't counted towards taxable income.
[edit]well fine guy above me with all the answers better formatted![/edit]
neth on
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Deebaseron my way to work in a suit and a tieAhhhh...come on fucking guyRegistered Userregular
edited December 2010
It depends how deep you are into the 28% bracket. If you only make $85,000, your shit is going to look much closer to 24% than if you are making $170,000
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As a single dude with no deductions, other than the meager student loan interest, I always put 1 and always got money back. don't forget that some of your income isn't counted towards taxes (you take the standard deduction, like 5,000 or something) and any social security/medicare isn't counted towards taxable income.
[edit]well fine guy above me with all the answers better formatted![/edit]