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.

 

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.

 

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