On Fri, 12 Apr 2013 13:34:41 -0700 (PDT), wrote:

On Friday, April 12, 2013 10:05:29 AM UTC-4, wrote:
So you let them keep your money, interest free, for the year? So did
I (I think - haven't even started) but I screwed up. I usually pay
between $2000 and $6000. I'd rather owe it to them than have to beat
it out of them. ;-)

I got no choice. There's no legal number of exemptions I can put on my withholding statement that will keep the Fed from keeping some of my money for a year.

Not true. You might have to justify it to some government slimeball
but that's simply not true.

My refund amounts to about $150 per paycheck. I changed withholding to 1. I got $35 in the next paycheck.

After changing it to 2, I got $55 in the next paycheck.

After changing it to 3, I got $65 in the next paycheck.

By the rate of diminishing returns I would need to set my withholding to about 27 to break even. Then I'd have the IRS all up in my grille wondering where my 27 kids were.

Not believing you.