Sunday, February 23, 2025

Taxes!

 


It's that time of year, again. Last year, I owed a little over $1,200 in taxes. So, I was given the fabulous opportunity to pay the government $1,149, each quarter for all of 2024. I was fairly certain that I would not owe over $1,000 for 2024, as I had the benefit of my 401K contributions to reduce my taxable income. 

However, in my field, due to bonuses, etc., I went ahead and made the 2024 estimated tax payments. So, now I will be getting approximately $4,000 back. It's irritating, but I'd rather get the money back than pay penalties. 

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