I get that it’s ideal to owe, but I would rather a refund of a couple hundred dollars than owe a couple thousand. Part of the issue is inconsistent income, though. If it was just a single flat salary for the entire year that should be simple, but when you add in variable pay rates and shift differentials and shift bonuses it all gets messed up.
I totally understand. I hate owing a lot too, but sometimes I get the estimations wrong. I’ve got a fixed yearly salary, but a big portion of my pay is stock (RSUs) so the tax I owe varies based on when I sell the stock.
I get that it’s ideal to owe, but I would rather a refund of a couple hundred dollars than owe a couple thousand. Part of the issue is inconsistent income, though. If it was just a single flat salary for the entire year that should be simple, but when you add in variable pay rates and shift differentials and shift bonuses it all gets messed up.
I totally understand. I hate owing a lot too, but sometimes I get the estimations wrong. I’ve got a fixed yearly salary, but a big portion of my pay is stock (RSUs) so the tax I owe varies based on when I sell the stock.