30 Something Baby Doc

Taxes are done, and for the first time in 3 years I owe. (Just less than 1k) I'm single with no dependents and a physician's salary. So most of you at this point are saying "What are you complaining about asshole you should be happy that's all you owe!". I realize the latter.

I called up the financial firm that prepares my taxes to find out what transpired (aka. complain) (I was so use to a big juicy return) . I was told that I made slightly less this tax year compared to last year, so they scaled down my withholdings to match. Then I asked that probing question. Is it better to withhold more during the year and get a substantial return or is optimal to break even (or owe slightly). I personally know nothing about finances.

I was told " We would like you to have your money during the year as oppose to letting the IRS hold on to it til the end of the year (and do nothing with it) . That way you can personally invest it or pay off high interest debt. " It makes so much sense but I still miss that nice big return :-(