[Dad O 6]

I also claim O. And have additional $35 taken out. And the account figured out that this will work. So I believe everyone tries to do almost the same. You never want to pay back if possible.

Take the amount you are having withheld, along with the $35 and have it automatically placed in the highest interest bearing account you can find. On April 15th write a Uncle Sam a check(so that he can spend it on people other than you) you'll end up with whatever you would have received as a "refund" (return of your own money) plus any interest earned.

 

[RickWild]

Dad O 6 has the perfect and most profitable advice. But many people just do not have the discipline to stick with that plan.
Best bet…do what works for you, then save then save some more

 

[khmer6]

Take the amount you are having withheld, along with the $35 and have it automatically placed in the highest interest bearing account you can find. On April 15th write a Uncle Sam a check(so that he can spend it on people other than you) you'll end up with whatever you would have received as a "refund" (return of your own money) plus any interest earned.

You're speaking gibberish

 

[Vector16]

@Dad O 6
You put your money in a high interest savings account that uncle Sam taxes the hell out of and then you will always owe.

 

[DonnieT]

@Dad O 6
You put your money in a high interest savings account that uncle Sam taxes the hell out of and then you will always owe.

There is no win/win on taxes! They always get your wallet! Now the politicians in Washington know the lope holes to get out of taxes and paying!

 

[lynn1130]

By claiming 0 the government has the float on your money all year long. It is a refund of your own money that they used for that time and you got no interest for that. There is no such thing as free government money.

Also on the 2003 Duramax. The LB7 Duramax was notorious for failing injectors, multiple times. Ask me how I know. I owned a 2004 and replaced three sets of injectors in 100K. The replacement is not a pull and swap. The entire engine needs to be torn down but then you have probably experienced that.

 

[bearfoot1]

Its a whole lot easier when you retire and your over 65, if you dont make enough interest or income, and the threshold is like 14K per person, you dont even need to file at ALL !!! And if you got prepays in the system, you get them all back. Now this is Federal only.

 

[gavinspop]

A buddy of mine has never paid taxes. Neither has his old man or siblings. I can't remember his whole spiel but it made a heck of alot of sense. Something about never signing a W2 means you're not agreeing to be punishable under perjury of the law. Yada yada. Way too much to remember.

Theres way more to it than that obviously but i didn't have the cahones to try it since I'd been signing them for years already. He cautioned against going from a W2 signing citizen to rejecting them because you've already previously agreed to be punishable. He was a charge nurse and hot damn were his paychecks purdy! Very few line items. Lol

 

[Hungry4Rabbits]

A buddy of mine has never paid taxes. Neither has his old man or siblings. I can't remember his whole spiel but it made a heck of alot of sense. Something about never signing a W2 means you're not agreeing to be punishable under perjury of the law. Yada yada. Way too much to remember.

Theres way more to it than that obviously but i didn't have the cahones to try it since I'd been signing them for years already. He cautioned against going from a W2 signing citizen to rejecting them because you've already previously agreed to be punishable. He was a charge nurse and hot damn were his paychecks purdy! Very few line items. Lol

Seems like a solid way to get a lien on your property.

 

[gavinspop]

That what everyone says. And precisely why i didn't want to try it. Lol.

But he is in his 60s now. If the all powerful irs had grounds to do something, they would have by now.

 

[Vector16]

That what everyone says. And precisely why i didn't want to try it. Lol.

If they don't pay taxes, they don't own any property.

 

[old vet]

I got enough back from the feds for a box of .22's

 

[bearfoot1]

You got more then I did, LOL....

 

[DutchmanAZ]