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bluediamondalmonds posted:I also have some extra withholding around $50 taken out of each paycheck with the plan that come tax return time I could put a large chunk towards it. I'm not an expert or anything, but this seems really dumb. Given the way interest on the loan works you should be much better off putting $50 more every two weeks towards the loan than having the government hold it for you and paying $1300 more next April. There's no reason to have extra withholdings that you straight up plan to get back and use later. If you're putting the extra $50 towards taxes because you think you'll owe it then fine, but don't use Uncle Sam as a savings account.
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# ¿ Jun 5, 2014 20:42 |
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# ¿ May 21, 2024 14:09 |