I just completed a big law summer associate gig in a high tax market (think NY/DC/SF). I put the minimum number of allowances when I filled out my paperwork with the firm. I know that with the pay bump, ours will be slightly larger this year, but I was hoping that someone could let me know how big we should expect our tax returns to be. I'm trying to budget for the year.
I'm single with no dependents.
Thanks!
Big Law Tax Return Forum
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- Posts: 930
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Re: Big Law Tax Return
Your return won’t necessarily be that much larger since payroll calculations were adjusted in February and your take home pay was probably larger than last summer’s and the tax brackets at the lower levels did not change all that much. Not sure anyone has calculated it, though.
- Grazzhoppa
- Posts: 239
- Joined: Thu Jul 05, 2012 11:00 am
Re: Big Law Tax Return
$6500 - 7000 if my mental math is correct.
Of course you could easily and accurately calculate this yourself in ten min so go do that and let us know.
Seeing as how you didn't do it over the summer or prior to your poast here, I guess I shouldn't be holding my breath.
Of course you could easily and accurately calculate this yourself in ten min so go do that and let us know.
Seeing as how you didn't do it over the summer or prior to your poast here, I guess I shouldn't be holding my breath.
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Re: Big Law Tax Return
Actually, do hold your breath. I'll tell you when to stop.I guess I shouldn't be holding my breath.
- unlicensedpotato
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- Joined: Mon Feb 06, 2012 12:16 pm
Re: Big Law Tax Return
The best part is declining to specify the market
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