I got a new job and I'm trying to decide if I should put a 1 or 2 on my tax form. I already put a 2 for now, but I'm wondering about the tax day consequences.
I have usually put 1, but I put 2 for now since I'd rather have a bigger, steady paycheck than a once a year lump sum at this point in my life. I know that by doing so, I'm walking a fine line between getting a refund, although smaller, and paying the IRS back.
If you need any more particulars about this to help me make the decision, feel free to IM me.