Thread: Tax Question
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      02-18-2013, 10:57 AM   #1

Drives: 2006 E90
Join Date: Aug 2009
Location: SoCAL

iTrader: (12)

Tax Question

I know, boring tax question. I was gonna just post in another thread, but didn't want to hi-jack.

So I worked through my taxes this weekend, and I know the key goal is to break about even, which is what we will be I believe. However, it works out that we get about $1,500 back from federal, but owe state $1,300.

Is that typically how it works to break even, getting federal back but owing state? Seems like the state of CA has changed a lot over the last couple of years. We always used to get back about $300, but now it seems like we owe up to a grand to state. Weird.

Just trying to figure out if this is breaking even, or if there is a better way to break even on both sides. Thanks.