By "proper" I mean I fill out the form according to the instructions. Ideally I'd like to get $0 back.
For the last three years, I've gotten around $5,000 back in tax refunds each year. I do 2 allowances on my W4. I'm single, no dependents, no one can claim me as a dep, deduct mortage interest and property taxes, and contribute ~18% of my paychecks to my 401k and Roth IRA. Should I increase to more allowances on my W4 or leave it alone? I think during the recent tax act they almost got rid of the mortgage interest thing and changed it at the last minute. Maybe I should not count on having my property writeoffs in future years?
I did the withholding calculator mentioned by the bot, but it tells me to enter '0' and that I'll likely owe money. Pssh.
Submitted January 30, 2019 at 09:16PM by VeganMacAndCheese http://bit.ly/2FZJKwr