I adjusted my withholding this year. I received a pretty large refund last year, and I'd like to avoid that. Mrs. HHD said "Good news - we're getting a bunch back." I had to explain to her that we essentially gave the USG an interest-free loan. Ideally I'd like to end up owing $999.99, but I can't estimate things that accurately, so if it comes out within $500 or so either direction, I'd be pretty happy.
I did get with my broker in late December and harvested some stock losses to reduce the tax hit. I can't reinvest in the same stocks for thirty days (to avoid being called a wash sale) - sure hope the market stays flat for a few more days so I can reinvest near the prices where we bailed out!
-
Like x 1
Last edited: Jan 28, 2019