Arcadia Posted November 14, 2012 Share Posted November 14, 2012 (edited) Read this article on SFgate and the potential tax hike is more than my annual grocery budget :confused: In the worse case scenario, would that be for the tax year 2012 or 2013? I just don't want to get a big shock when I file at the beginning of next year as that would mean I owe IRS tax instead of getting money back. ETA: we are in the above $100k bracket just to put my question into perspective. We get less than $2k back every year. I just want to budget for next year and it is compounded by state tax likely to be rising. I read the whole article, just don't understand the jargon. ETA: Thanks to all who replied. We will have to budget for the increase in payroll tax than to start with. Edited November 14, 2012 by Arcadia in CA Quote Link to comment Share on other sites More sharing options...
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