Thread: Ask the Tax guy
View Single Post
Old 12-21-2004, 03:40 PM   #141 (permalink)
Stompy
Banned from being Banned
 
Location: Donkey
For 2003, I received a check for a few grand... and what I wanted to do was set my dependents high enough so that I didn't get ANYTHING back for 2004. A few grand split across 12 months is a few extra hundred I could use right away instead of waiting a year. I own a house, so I have a lot to write off when it comes to interest/property taxes.

So, the guy I had prepare my taxes suggested I raise my dependents to 2 to kinda balance it all out.

I know NOTHING about taxes, but what I did was briefly went over last year's forms with this year's numbers... and it appears by entering 2 dependents that I'm getting even MORE back. That doesn't seem right...

Now, I'm assuming I did the form wrong, but how does one generally work something like this out? Would setting it to 2 balance it all out?
__________________
I love lamp.
Stompy is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62