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Did you pay more or less in 2013? My family received a refund last year and ended up owing $750 this year. Granted, we had increased income and I was pleased that I ended up having to pay more rather than give the government an interest free loan for a year. I wanted to know if you have any tax tips that I may have missed.
Taxes
Economics
Finance
Posted >1 y ago
Responses: 1
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I still paid more than when I was in the military - a lesson for everyone who transitions out. You have to make some big adjustments in order to compensate for the huge amount of non-taxable income.
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MSG Wade Huffman
Very true! We experienced the same thing on retirement. Just another one of those things that I should have realized, but just didn't think about.
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