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Tax Refunds - Quick Poll
Paying or Receiving?
percentages

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 2294 posted 8:15 am on Apr 4, 2006 (gmt 0)

Are you sending the IRS a check or expecting one back?

To start the ball rolling I'm sending again :(

 

criznach

5+ Year Member



 
Msg#: 2294 posted 3:43 pm on Apr 4, 2006 (gmt 0)

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. :(

Chris.

LifeinAsia

WebmasterWorld Administrator lifeinasia us a WebmasterWorld Top Contributor of All Time 5+ Year Member



 
Msg#: 2294 posted 3:46 pm on Apr 4, 2006 (gmt 0)

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.

trillianjedi

WebmasterWorld Senior Member trillianjedi us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 2294 posted 3:50 pm on Apr 4, 2006 (gmt 0)

I'm sending again

That's great news - why the sad face?

If you're paying tax, you're making profit...

showyourpic

10+ Year Member



 
Msg#: 2294 posted 10:42 pm on Apr 4, 2006 (gmt 0)

Last year I had to pay $18k for taxes but this year I'm getting back $2k thanks for those wonderfull business expenses :-)

percentages

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 2294 posted 8:28 am on Apr 6, 2006 (gmt 0)

>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 :)

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