RaptorCLS

hey everyone..

How do you legally not pay as much Fed income tax each pay period?

I used to have the payroll person at my old job only take out $25. At my new job, the payroll person said that this is not legal. Sure enough I go to the irs web site and it says that you cannot specify an amount.

she said that I would have to claim an allowance. Is my only option to claim 10?

fyi~ for those asking why...I rather pay my own at the EOY cause I use the money during the year for investments which make more money for me.

ThinJim

iTrader: (3)

You should be able to specify an amount but you should be careful. There is a limit to how much you can specify and if you go over that amount, there is a stiff penalty. IE... if you only pay them 25.00 and at the end of the year owe them 25,000 your f**ked. the government doesn't like you to make money on their money.

mattg

will you please repost this in ramblings? look under the offtopic heading at the top of your screen. thanks.