No Longer on Witholding
Morning!
I got a letter from the amt stating that as I bought property, my employer was to refund me the withholding tax I've paid so far, and that I would be now paying my own taxes at the end of the year.
I've been told that I can pay the money monthly (and get interest) - does anyone have some details on how this works, how to sign up for it, etc?
Any advice on how much to pay each month? (I'm thinking 25% of salary on a monthly basis, does that sound reasonable? They refund any excess I believe)
Thanks,
m.
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