LogFAQs > #972943233

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Topic	Anyone else get obliterated by taxes this year without large financial changes?
littlebro07 04/19/23 12:54:22 PM #7:	First time in 10 years my wife and I didn't owe. When we got married I updated my W-4 wrong and it caused us to always owe like $400-700 each year, I never bothered changing it since it wasn't that big of a deal. Both got new jobs in late 2021 and filled out our W-4s with the default withholding so 2022 was the first full year like that and we got a nice refund. Our state recently started doing property tax credits too so that was a nice extra $600ish on top of that --- https://i.imgtc.com/MGGa6Os.gif <cite>littlebro07 posted [p:972943233] in Anyone els... [t:80417278]...</cite> <quote>First time in 10 years my wife and I didn't owe.When we got married I updated my W-4 wrong and it caused us to always owe like $400-700 each year, I never bothered changing it since it wasn't that big of a deal. Both got new jobs in late 2021 and filled out our W-4s with the default withholding so 2022 was the first full year like that and we got a nice refund. Our state recently started doing property tax credits too so that was a nice extra $600ish on top of that --- https://i.imgtc.com/MGGa6Os.gif</quote> ... Copied to Clipboard!
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