Adjust Withholding Based on This Year's Refund
Use your most recent tax refund to adjust your withholding for this year so more of your money is available to you.
Do you like receiving a large refund check? If so, you could be losing money. Getting a large refund check means, in effect, that the government had use of your money for a long period of time. Shouldn't you earn interest on your own money?
The smaller your refund, the more money you have available to use throughout the year: To invest or to pay off debt. Check out your refund – if you get thousands back, adjust your withholding amount so you can put more of your hard-earned money to work today.