Paycheck withholding guarantees you pay your taxes.
Can't forget to file if you already paid all your taxes ahead of time.
Paycheck withholding guarantees you pay your taxes.
Can't forget to file if you already paid all your taxes ahead of time.
Which... I can see an argument for. Especially when coupled with regular payments vs end-of-year.
It's silly for everyone to individually have to think about "How do I get these dollars to the IRS?" all during the year.
It just isn't designed to makes things easier. That is a happenstance (if you don't do withholding you submit quarterly estimate payments which while annoying isn't much harder than tax season)
It is designed to minimize the IRSs job by focusing on businesses rather than individuals for the bulk of taxes.
My point wasn't "you paid early" but "by the time you fill out you already paid"