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Originally Posted by AVoiceOfReason
And by all means, don't have more withheld than you need to avoid paying in April; my favorite tax years are those in which I owe at the end of the year. A refund means I let the goverment have my money interest free for the big part of the year.
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Great advice. So many people just don't get that. While getting a fat refund was a nice surprise this past year. You can be damned sure that I would rather have the extra $200 in my paycheck every month, rather than the government having it all year. Conversly, I don't like having to pay in very much, if at all when April rolls around. A normal tax year for us, gets us within about $100 one way or the other. Some years we pay a bit, some years we get a little refund.