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Originally Posted by yellowmac
Um, I'm pretty sure that's tax fraud. Not sure if that leads to PMITA prison, but I doubt you should take your chances.
Besides, you need to list SSNs for your dependents when you claim them. I imagine 5 dependents with the SSN of 123-45-6789 might raise a few red flags. :-P
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In the W4 which you fill out for withholding purposes, you can claim as many as you like.
http://www.irs.gov/pub/irs-pdf/fw4.pdf?portlet=3
There's no fraud until you get to filing for April 15 and using fake SSI.
But to Shauk's attempt, you could pay for it at the end of the year, but again, people tend to like to pay a little at a time, rather than a large lump sum.
Look at your last paystub of any year, and think if you'd like to pay that amount at the end of the year as a lump sum. Most people would rather not, since it "feels" like you're paying more, even if it is the same amount.
To that end a small editorial, people who claim that they'd like all these social programs and such I believe would feel differently if they had to pay a lump sum upfront as opposed to the small percentage they pay for in taxes.
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Last edited by Cynthetiq; 02-07-2008 at 03:47 PM..
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