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This was a great day for me. Based on my Volt purchase, a new solar panel system, and the installation of an EVSE charger, I'm going exempt on my Federal taxes for the rest of the year.
 

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I claimed a much larger number on the withholding, but I forgot about exempt. Does the IRS frown on that if you are working full time?
 

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Discussion Starter #4
I claimed a much larger number on the withholding, but I forgot about exempt. Does the IRS frown on that if you are working full time?
I work for a small organization, and our payroll system wouldn't actually allow exempt. My controller just kept walking up my exemptions, until I got to zero Federal withholding. All other State, payroll, SS, etc. are being taken out.
 
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