Tax question

TARDCORE · 01-20-2010, 12:25 PM

Quote:

Originally Posted by Mike

And, you guys are looking at it the wrong way, its not how much you owe at the end of the year or how much you get back, its the total that you pay.

Thats what I was getting at. Comparing my salaries from 2008, I made about 1.6 times in 2009 but I paid 2.3 time into fed and state taxes. So I don't get where they came up with those numbers. I looked at the tax bracket I fall in for both state and federal and it was correct but I don't understand why my state would change so drastically by claiming single 01 instead of single 00. I mean I still ended up owing 1800! It just doesn;t make any sense so i switched both my federal and state back to single 00 and next year I should get back a hefty chunk of money. Of course the take home on my checks will be less now.