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We would like to get the most out of our checks throughout the year but would also like a decent refund come tax time.
These are conflicting goals, and getting a big refund means giving the IRS an interest free loan all year. Also see this:
http://taxfoundation.org/article/understanding-marriage-penalty-and-marriage-bonus
We would like to get the most out of our checks throughout the year but would also like a decent refund come tax time.
These are conflicting goals, and getting a big refund means giving the IRS an interest free loan all year. Also see this:
http://taxfoundation.org/article/understanding-marriage-penalty-and-marriage-bonus
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