02-04-2019, 11:12 PM
(02-04-2019, 02:32 PM)Crazyjdawg Wrote: If your returns are that high, you should probably file a new W-4 with your company. You're kinda giving the government an interest free loan every year (in addition to losing any investment value you may have had for that money otherwise).
One of my best friends has a PhD in accounting (he's a college professor) and we looked at that. If I claim any higher then I'll end up owing at the end of the year. I'd rather get something than owe anything. Plus it's like free money. I get what you mean about the government sitting on it, interest free, but it's really not that big a deal to me. My retirement is pretty solid, medical insurance for life and I'll be able to retire at a relatively young age with very close to what I make working so a big investment portfolio I can retire on isn't as important to me as a "normal" person.
