Post #42 by richinmd on the Tax Strategies board

Personal Finance Topics / Tax Strategies

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I've heard the 110% mentioned before.

I've done a lot of complicated technical stuff in my life, and a lot of financial stuff but I just dread taxes which is bad when it comes to tax time.

Complicating matters is that I might return to work for up to a year for a variety of reasons but at least that would ensure I'm at the 110% of the previous year's tax payments with the auto deductions.

Maybe I should just assume a 24% tax bracket on everything and then collect whatever refund I'm owed the next year.

Thanks.

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