Quote:
Originally Posted by Thriftina
Well, I am getting several thousands back. Due to my career, I always feared that if I don't allow the government to take out a lot on the front, I will end up owing. I really believe that due to my deductions,ie, property taxes, mortgage interest, and charitable contributions, I end up getting a lot,too. I don't like the idea of uncle Sam holding my money throughout the year so I recently changed my exemptions from 0 to 2.
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Isn't that backwards? I don't have a W2 in front of me, but I was thinking you want to enter 0 to get the least amount withheld from each paycheck, i.e. to get the lowest tax refund?