OneEyedDiva
SF VIP
- Location
- New Jersey
I was surprised to see that my February automatic pension deposit was quite a bit more than expected. It turns out that the state only took 47 cents out for my federal tax! I don't have to pay N.J. taxes what with the generous pension exclusion. I've been getting my pension for 22 years. I got quite a bit less the first couple of years and never have they deducted such a puny amount. I'm thinking this is going to cause me to have to pay next year, which is fine. Better than giving the IRS an interest free loan, although that loan was only $21 last year. LOL