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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Tax Strategies
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Author: richinmd   😊 😞
Number: of 80 
Subject: Re: Taxes and Retirement, oops
Date: 03/29/24 11:27 AM
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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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