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5 votes

Can self-employed skip quarterly tax payement if compensated by spouse extra witholding?

If you file jointly, it does not matter where the withholdings or estimated payments come from. When you file, they are counted together to determine if you have over- or under-paid your taxes as a ...
D Stanley's user avatar
  • 135k
3 votes

DC Resident but work for company in NJ and NJ State Tax Withheld

my employer said it would be too complicated to set up DC taxes to be withheld just for me If only that'd been a valid excuse! "Officer, it's too complicated for me to comply with the speed ...
littleadv's user avatar
  • 174k
3 votes
Accepted

Question about the specifics of the safe harbor rules for underpayment penalties

For b. does this means line 24 (Total Tax) on my prior year's 1040? For the most part. Form 2210 has slightly different inputs that might result in a different output than line 24, but for most (...
Stan H's user avatar
  • 7,241
2 votes

Working while collecting Social Security: How do they correct overage?

Yes, you need to report your wages, and do it timely. See here. The SSA receives reports on your earnings from your employers through their payroll tax reporting, albeit much later than needed to ...
littleadv's user avatar
  • 174k
2 votes

Which loan would be most cost-effective to service first?

Pay off whichever loan is charging you higher real interest. That will save you money. Or pay off whichever loan you can close out first. That may save you some emotional stress. Or any combination ...
keshlam's user avatar
  • 46.5k

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