I started moving some of my money into tax exempt and tax managed funds but the majority of my investments are still taxable.
Its hard ti avoid taxes but you can eliminate some
The 2 things I like about treasury direct is
No state taxes
And unlike a money market fund I can have taxes withheld up to 50%
Its hard ti avoid taxes but you can eliminate some
The 2 things I like about treasury direct is
No state taxes
And unlike a money market fund I can have taxes withheld up to 50%
One issue is Central States won't withhold state taxes from pensions so you have to guess how much you will owe and prepay directly to the state yourself
One issue is Central States won't withhold state taxes from pensions so you have to guess how much you will owe and prepay directly to the state yourself
That sucks
For the 12th year in a row, the state of Indiana has violated me with absolutely no mercy.
The Feds were quite kind though. So good enough.
Me gettin my senior citizen deduction
Good evening and go fuck yourself
And that goes for everyone else to
too*
Hope this helps....dumbass
One issue is Central States won't withhold state taxes from pensions so you have to guess how much you will owe and prepay directly to the state yourself
Maybe too hard for them to calculate them so many state taxes are different right? We have no state tax so.
I owed a lot more to the state too. I will probably end up paying a penalty too because I didn't have enough withheld.
I’ve always gotten a refund here. Flat tax on income. 1 3/4, 2.5 or 3.25, I always use the middle one.
One issue is Central States won't withhold state taxes from pensions so you have to guess how much you will owe and prepay directly to the state yourself
I avoided the buckeye State tax by retiring in the Keystone.
But.... they pound you on everything else.... so who knows.
Maybe too hard for them to calculate them so many state taxes are different right? We have no state tax so.
The 1099-R from them was screwed up too. The line for state taxable income was blank when it should have been the same number as for federal. Confused me for a minute.
Its hard ti avoid taxes but you can eliminate some
The 2 things I like about treasury direct is
No state taxes
And unlike a money market fund I can have taxes withheld up to 50%
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