Re:IRS to release new, more complex W-4 form this year
by jedberg on Tuesday April 09, 2019 @03:07PM
(#19617947)
> And why would you want fewer allowances?
Because you have investment income that is otherwise untaxed. I know someone who put 0 and still owed money at the end of the year, but didn't have to make quarterly payments. She had enough investment income to owe, but not enough to hit penalty levels of owing.
Because you have investment income that is otherwise untaxed. I know someone who put 0 and still owed money at the end of the year, but didn't have to make quarterly payments. She had enough investment income to owe, but not enough to hit penalty levels of owing.