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Unread 01-30-2008, 03:17 PM   #16
waterboarder
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Quote:
Originally Posted by sparkchaser
I was just wondering what options (if any) were available to me.
Your options include some combination of:

a). Paying the tax and reducing your life hassles.
b). Not paying the tax and increasing your life hassles.
c). Politely letting the employer know they made the mistake. No effect on your life hassles.
d). Aggressively letting the employer know they made the mistake. Potentially increases your life hassles. Probability is in direct proportion to your level of aggression.
e). Updating your W-4 so you have more taken out, and monitoring your taxes withheld against your estimated owed, so that you can adjust the W-4 throughout the year as necessary. Potentially reduces your life hassles.

Guys? Have I missed anything here?

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Unread 01-30-2008, 03:56 PM   #17
dmcanally
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Don't bother paying taxes, vote for Ron Paul, and you get to keep YOUR money instead of having it TAKEN from you.
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Unread 01-30-2008, 04:32 PM   #18
1CleanTJ
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as annoying as it seems, you would have paid the Difference throughout the year if you would of claimed as single instead of having it hit you at once at the end of the year. So either way the government would have gotten their money. $4000 does seem a little high for the difference though, are you sure you deducted the 8750 from your adjusted gross income and then looked up the tax table using the taxable income number
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Unread 01-30-2008, 05:23 PM   #19
sparkchaser
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Quote:
Originally Posted by texasdog
Your options include some combination of:

a). Paying the tax and reducing your life hassles.
b). Not paying the tax and increasing your life hassles.
c). Politely letting the employer know they made the mistake. No effect on your life hassles.
d). Aggressively letting the employer know they made the mistake. Potentially increases your life hassles. Probability is in direct proportion to your level of aggression.
e). Updating your W-4 so you have more taken out, and monitoring your taxes withheld against your estimated owed, so that you can adjust the W-4 throughout the year as necessary. Potentially reduces your life hassles.

Guys? Have I missed anything here?
I'm going with a combination of a, c, and e. I am going to try and convince the company to pay my $121 penalty since it was their mistake.


Quote:
Originally Posted by 1claentj
as annoying as it seems, you would have paid the Difference throughout the year if you would of claimed as single instead of having it hit you at once at the end of the year. So either way the government would have gotten their money. $4000 does seem a little high for the difference though, are you sure you deducted the 8750 from your adjusted gross income and then looked up the tax table using the taxable income number
I just did the quick & dirty on the TurboTax site. I'm buying Tax Cut later so I'll be sure then.
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