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Tax Refunds - Quick Poll Paying or Receiving? percentages
Are you sending the IRS a check or expecting one back?
To start the ball rolling I'm sending again :(
I owe MT $17.00. I'm getting a decent federal refund for last year, but I was an a employee for the entire 2005 year, so that makes sense.
For this year, I'm sending my first quarterly payment, which is about 3x bigger than my last year's refund. :(
0-sum game to the IRS, paying state.
Hey- paying the IRS at tax time is a GOOD thing (assuming none of the amount includes penalties for underpayment). When you get money back from the IRS it means that you have been giving the government a loan at 0% interest.
All those people who over withhold and get back thousands of dollars every April are nothing but stupid! They could have put that money in a bank and been earning at least 4% interest.
That's great news - why the sad face?
If you're paying tax, you're making profit...
Last year I had to pay $18k for taxes but this year I'm getting back $2k thanks for those wonderfull business expenses :-) percentages
>That's great news - why the sad face?
You're right :) Sending the IRS a check always makes me sad, but, it should make me happy. At least I didn't pay them a minute before I had to :)