Thread: Tax Liability
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Old 12-21-2023 | 02:14 AM
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ZapBrannigan's Avatar
ZapBrannigan
Furloughed Again?!
15 Years
 
Joined: Aug 2007
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From: Boeing 737
Default Tax Liability

Anybody started thinking about how best to manage taxes under this new agreement? Both considering the retro, and just in general likely moving into a higher tax bracket?

I’m admittedly pretty dumb when it comes to this stuff. I generally go to HR Block every year. I withhold a little extra from my check to make sure I don’t owe anything. But this may get expensive pretty quickly.

so how will you handle it? Increased withholding? Pay estimated taxes quarterly? Anybody here smart about this stuff who can explain it simply? Thanks!
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