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Re:Why is the mouse cursor slightly tilted and not straight? by bombcar on Monday February 05, 2024 @07:52AM (#39260724)
You pay tax on those overpayments.

But they only pay that if they don’t return it that year (for normal W-2 employees).

Re:Why is the mouse cursor slightly tilted and not straight? by loeg on Monday February 05, 2024 @10:48AM (#39262365)
Yes, I got a 1099-INT from the IRS.
Re:Why is the mouse cursor slightly tilted and not straight? by bombcar on Monday February 05, 2024 @02:41PM (#39266011)
In some cases (depending on your tax situation) other forms of bonds (municipal/state) may be better because of how or if they get taxed.
Re:Why is the mouse cursor slightly tilted and not straight? by loeg on Friday February 09, 2024 @10:48AM (#39315992)
I did not deliberately overpay as an investment strategy :-).

Last time I looked, you needed to be in a higher tax bracket than I was to make Muni bonds worth it, in part because my state (WA) does not have income tax. Something like the 35% bracket.

And anyway, my investment strategy is not long bonds at this point in my life.