I live in the state of california and i have no dependents. me and my wife file jointly. i am a home owner. i would appreciate any info any one may have on the matter that has possibly been through a similar situation.
thanks
2007-02-12 12:06:24 · 4 answers · asked by syntheticgods 2 in Business & Finance ➔ Taxes ➔ United States
Every year i get a federal tax refund but i'm raped by the state tax leaving me in the hole. how do fix this?
I live in the state of california and i have no dependents. me and my wife file jointly. i am a home owner. i would appreciate any info any one may have on the matter that has possibly been through a similar situation
Is there anything that i can do in the present to reduce my debt to my current taxes? any recommendations you can offer?
2007-02-12 12:35:44 · update #1
You go to your employer, and tell them you need to have more tax withheld for the state.
2007-02-12 12:11:01 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Dude, I was single and living in Cali, and moved back up here to WA because of the state tax! My advice is for you to do the same and move to a state that doesn't have S.T.
2007-02-12 20:14:44 · answer #2 · answered by knight2001us 6 · 1⤊ 1⤋
Have one or more of your employers withhold additional state tax. Very simple!
2007-02-12 20:27:36 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
increase your 'before tax' deductions and/or get some rental property and/or increase your 401k investments and/or start a home based business and deduct all your expenses and/or increase your charitable donations.
2007-02-12 20:16:41 · answer #4 · answered by csyniqal 2 · 0⤊ 1⤋