Talk of The Villages Florida - View Single Post - Question on withholding taxes.
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Old 03-28-2022, 01:21 PM
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dewilson58 dewilson58 is offline
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Quote:
Originally Posted by retiredguy123 View Post
For most taxpayers,....................So, even if you have a huge income increase in 2022, you still will not owe a tax penalty. I have been doing it that way for over 30 years, and never owed a tax penalty.
In a prior life..............same advice I gave out.
But personally, I keep my money and make money on it, easily cover the penalty and buy a pizza with the excess earnings.
Quarterly estimates is good advice.
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