• FancyPantsFIRE@lemm.ee
    3·
    5 months ago

    First pass at taxes done! I overshot withholding on federal by about 7.5k and undershot state by about 1.1k. I’m still struggling to accurately dial in estimated quarterly tax payments during bonus season.

    • yenahmik@lemmy.worldM
      3·
      5 months ago

      Nice! I’m still waiting on a couple of forms from my spouse before they will be completed. Getting married has really messed up our numbers. The first year we owed somewhere around $5000. The last couple of years we got back that amount instead. I miss the days of filing single and getting within a couple hundred dollars of the right number.

      • FancyPantsFIRE@lemm.ee
        2·
        5 months ago

        I may or may not have had a $50k+ tax bill due a few years back… before I understood the IRS discretionary pay withholding guidelines and estimated quarterly payments…