Tax Refund?

[daddyphatsacs]

What's a tax "refund"? :(

Sadly I'm in the same boat this year.

 

[NorthShoreBuck]

Thanks to a hurricane I get $3500 back which is unusual. Now for a totally screwed scenario LA disallows the catastrophe deduction and I owe them $650.

 

[BuckBackHome]

Getting some back and is going right into retirement. I live life on the wild side my friends.

 

[gbearbuck]

I'd be surprised if I don't owe the Gov. some money... they're not getting it until 4/15 though (in coins.... I wish:tongue2: )

 

[BuckStocksHere]

sadly enough...getting a refund. Always good to have zero at the end imo. Why give out a free loan? Although mine was weird because the form for education payments w/ scholarships and what not...left room for me to deduct some..even though....uh.....better stop before the IRS sees this.

 

[NewYorkBuck]

sadly enough...getting a refund. Always good to have zero at the end imo. Why give out a free loan?

Even better - I try to owe as much as possible w/o paying the penalty. That way you arb it in the meantime.

Funny - they dont pay us a penalty if they take too much. Curious....

 

[tedginn05]

I don't know much about this whole tax return thing...But why don't you want a return?

I wouldn't mind taking the money

 

[BuckBackHome]

I don't know much about this whole tax return thing...But why don't you want a return?

I wouldn't mind taking the money

Couple of reasons. People who get no return did a very good job with balancing their Personal Allowances so the taxes being withheld on paychecks equal the actual tax owed. Most people getting refunds usually have too much withheld and the money goes to the government for the year until it is given back to you with a refund.

Second, if you owe the government money it very well could mean you had a very good year where you earned a high income. At least the government thinks it is high.

 

[Wingate1217]

I'd be surprised if I don't owe the Gov. some money... they're not getting it until 4/15 though (in coins.... I wish:tongue2: )

I think this year you have to the 17th this year to mail it in. Yahoo!!! Two more days. Yipee!!!

 

[BuckeyeSkins]

the government thinks

What a concept..............

 

[scooter1369]

I'll be paying in again.

Fucking 1099's.

Quit dipping into the 401k's to throw tailgate parties and you'll stop getting those.

Got a nice return coming this year. Kids, Mortgage, daycare.....

 

[seed702]

Here in Nevada, there's no state tax, just the Federal one. I'm getting $900 back. Unfortunately, the clutch is slipping in my car, so I guess I know where most of that refund is going...

...it's actually amazing, whenever I come into a little bit of extra money, something always comes up that I have no choice but to pay for.

 

[BUCKYLE]

Maybe one day I'll hope for no refund. But, for now, as bad as I am with money, I put in an extra 5$ a week. It's a savings account with no chance of me depleting it.

 

[coxew]

I don't know much about this whole tax return thing...But why don't you want a return?

I wouldn't mind taking the money

That's something I had to explain to my wife last weekend. We got married last year, bought a house, and ended up getting back over $2500. She thought this was the norm and was disappointed to find out we were getting back $236 this year. I was pretty happy with my planning.

 

[iambrutus]

getting a refund.

savings for my daughter
putting on a deck
painting the house
getting a new tattoo