TAX REFUND!!


Smitteken

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I imagine I'll get a nice chunk back and it is burning a hole in my pocket already. There are sugar plums dancing in my head about a new bow or new golf clubs, but since God made me responsible it'll most likely end up paying bills or in my savings account.

Who's got plans for their's?

Will someone get something cool, so I can live vicariously through you? grin.gif

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Re: TAX REFUND!!

I haven't figured mine out yet. Still waiting on a few forms.

All the experts say you're not supposed to get a refund, that you're giving the government a free loan if you do.

Fact is, so many things around here change every year with income, deductions and interest, taxes, etc, it would be very difficult for me to predict the break even point, so I don't even try. In the past 10 years we've had one year we owed $500, but all the other years we've had a refund.

My wife and I are planning a trip to Hawaii this year for our 15th wedding anniversary, so that's how we will use our return if we get one.

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Re: TAX REFUND!!

[ QUOTE ]

All the experts say you're not supposed to get a refund, that you're giving the government a free loan if you do.

[/ QUOTE ]

Yep...should work it out so you break even or even owe a little at the end of the year. Why give the gov. your money to use all year long (earning intrest) when you could be?

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Re: TAX REFUND!!

[ QUOTE ]

[ QUOTE ]

All the experts say you're not supposed to get a refund, that you're giving the government a free loan if you do.

[/ QUOTE ]

Yep...should work it out so you break even or even owe a little at the end of the year. Why give the gov. your money to use all year long (earning intrest) when you could be?

[/ QUOTE ]

Maybe we're all just nice guys and have enough cash laying around that we really don't mind Uncle Sam floating a free loan for a year. I mean........it really is the government's money, anyway..........isn't' it??? smirk.gif

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