Quote Originally Posted by morsdraconis View Post
Also, just the other day, I saw some dude in WV that made $400,000 last year and was actually owed income taxes back! Now, I don't know his actual financial circumstances or anything, but I know damn well that something is fuckin' wrong if he's owed more money after making that much last year.
Eh, not really. That just means, more than likely, that he does probably the same thing I do and makes sure that his paycheck's automatic deductions are as close to dead on, or slightly higher, as possible. Granted, I don't make 400k, but the same process I follow now (I've been returned a small amount of money each of the last five years) shouldn't change as I get bonuses and promotions. The only thing that will make me deviate from my process is if my expenses increase drastically.

Though, as I write this, I remember that there's a hard $$$$ limit on how much you can contribute to a 401(k), which is the bulk of how I'm able to not owe money. I'd imagine Mr. 400k has other funds he contributes to, plus a mortgage, to make up for the limit though.