I know it's a no-brainer, but I managed to elect the wrong number of allowances (although it was one that I appeared to qualify for).
Started my tax return last night, and ran the numbers three times with the same result. Luckily it's not a catastrophic amount that I owe, but my wife and I usually get a big ol' $1.5-2.5k refund. Apparently I over-compensated when fixing my allowances.
Again, I know it's silly to say (especially in this sub), but review/fix it now while it's still early in the year!
Submitted January 28, 2017 at 06:07AM by cobalt26 http://ift.tt/2kdRdN0