Author: SeerialmomSeerialmom
Date: Jan 26, 2007 12:39
On Jan 26, 11:24 am, "sunnyd" hotmail.com> wrote:
> My husband and I have been married for ten years. He makes five times
> more than I do. Our home is paid off. Our cars are paid off. Not
> surprisingly, we ended up with another $40,000 income tax bill. My
> husband asked me to have more money taken out of my paycheck for taxes
> because, he says, I'm living the lifestyle of 38%%, even though I don't
> earn enough myself to actually hit the 38%% tax bracket. Please note I
> have three daughters from my previous marriage. One just graduated
> university. My second daughter is still in college and I have one
> about to go into college.
>
> Is his request fair?
> sunnyD
Not sure about "fair" but I'd think your question (and how to avoid a
$40,000 tax bill in the future) would be better addressed talking to a
tax professional. It sounds like you could probably afford the fee to
hire one.
|