reduces the amount of monthly discretionary cash flow that can be used to meet other financial goals and objectives.
is perceived as a gain, and underwithholding is perceived as a loss.
Some of the differences between liabilities and payments may be due to the overwithholding
that reflects the type of withholding.
tax rates and their progressivity, and psychological factors, including framing effects from under- or overwithholding
Other mechanisms consumers commonly use that can be characterized as forced savings are the overwithholding
of income taxes to ensure a refund and the accumulation of home equity through mortgage payments and property appreciation.
This behavior is similar to the use of overwithholding
by many middle-income taxpayers as a means of "forced savings" (Barrow & Granahan, 2000; Neumark, 1995).
They also report a withholding phenomenon, namely that behavior differs, depending on a person's tax balance and respective underwithholding with additional payment or overwithholding
To aid in cash flow and avoid overwithholding
, taxpayers expecting to claim the credit should indicate such intent to their employers.
Second, if you expect a refund of taxes due to overwithholding
or excess estimated payments, you can file your return in time to get your refund before funding an IRA or Keogh.
However, this result would lead to overwithholding
, since parruer A would be able to utilize the passive income generated from the real estate activity to offset the passive loss generated from the advisory business.
This type of fraud can take many forms including using pension funds assets and overwithholding
or underfunding pension costs.
However, those transferee determination requests can only be made to cure overwithholding