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Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.

 
Anonymous Coward
User ID: 56561591
United States
02/09/2019 02:29 AM
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Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Trump let you keep more money every paycheck.
Many probably pissed it all away.

With that, less taxes were paid to the government for the year.
Meaning many will have smaller refunds, (But you had more money throughout the year) or may owe (And you should have saved).
The smart people set money aside, the less educated will figure it out with next years returns.



I am trying to make this as easy as possible to understand, and will take your questions over the next days, but I will have to ask your state, what you made, what was withheld and your filing status if you want me to look a little more into your case.


Loaning money to the government in the form of tax refunds is never a wise idea as you see ZERO interest paid to you on your loan to the government.
Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.
I due time, those with poor educations may catch on to seeing what Trump did that will be in effect even after he leaves office, even if reelected in 2020.

IF you were wise enough to pay down/off say, credit card debt, you will realize even more money in YOUR pocket when you are not paying credit card interest fees.





I am going to sleep now, but I already see poorly educated people complaining about this... They are used to big refunds from Democrats.
In actuality, you want as small of a refund as possible without owing, UNLESS you are methodical in your record keeping and saving, then you can really work the system when you pay hardly any tax during the year, and owe a lot.
Anonymous Coward
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02/09/2019 02:51 AM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
My labias are sore...
Anonymous Coward
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02/09/2019 02:54 AM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
No complaints here........
Anonymous Coward
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02/09/2019 06:50 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
“Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.“

Yes, that extra $20 a paycheck, or let me say - $10 per week, I spent, spent, spent, to put a tiny dent into paying credit card bills. But how could that extra ten bucks a week, end up forcing me to cut a check to Uncle Sam for $946?? I only gained, rougly, an extra $520 a year. I’ve NEVER owned ANYTHING in my life.
Anonymous Coward
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02/09/2019 06:53 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
shareblue treefiddy?
Anonymous Coward
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02/09/2019 06:53 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
OP, you're right..I spend spend spend and don't get paid.
I am keeping this economy going.
I need a larger credit.
Lady Jane SmithModerator
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02/10/2019 01:33 PM

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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
I don't care about the size of refunds. What is important -- has their total tax obligation, as a percentage of each dollar earned decreased?

Logic and math skills are very important.
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"You cannot withstand the storm"

and the warrior whispers back

"I am the storm"

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SeoKungFu

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02/10/2019 01:34 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
TAXATION IS THEFT .!.. ..!.
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Green Tabber

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02/10/2019 01:41 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
The current tax code has far less bullshit and room for error than the previous one. If anyone underpaid, they simply requested the wrong withholding amount. At some point, Democrats need to take responsibility for their problems.

The ones that are losing out in mass are tax professionals. Too bad, an industry that never should have existed. Right OP?
History is lies agreed upon--Nappy
Anonymous Coward
User ID: 77313496
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02/10/2019 01:48 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Trump let you keep more money every paycheck.
Many probably pissed it all away.

With that, less taxes were paid to the government for the year.
Meaning many will have smaller refunds, (But you had more money throughout the year) or may owe (And you should have saved).
The smart people set money aside, the less educated will figure it out with next years returns.



I am trying to make this as easy as possible to understand, and will take your questions over the next days, but I will have to ask your state, what you made, what was withheld and your filing status if you want me to look a little more into your case.


Loaning money to the government in the form of tax refunds is never a wise idea as you see ZERO interest paid to you on your loan to the government.
Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.
I due time, those with poor educations may catch on to seeing what Trump did that will be in effect even after he leaves office, even if reelected in 2020.

IF you were wise enough to pay down/off say, credit card debt, you will realize even more money in YOUR pocket when you are not paying credit card interest fees.





I am going to sleep now, but I already see poorly educated people complaining about this... They are used to big refunds from Democrats.
In actuality, you want as small of a refund as possible without owing, UNLESS you are methodical in your record keeping and saving, then you can really work the system when you pay hardly any tax during the year, and owe a lot.
 Quoting: Anonymous Coward 56561591


The Repubs made sure the tax cuts only last for a few more years. I think they made the business tax cuts permanent but not individual tax rates. Can't remember how much longer, maybe until 2024, but unless they can get back control of House and make it permanent (probably won't happen because of Dem obstruction), that extra money in the paycheck is going to disappear in about 5 years.
Anonymous Coward
User ID: 60763575
United States
02/10/2019 01:48 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Trump let you keep more money every paycheck.
Many probably pissed it all away.

With that, less taxes were paid to the government for the year.
Meaning many will have smaller refunds, (But you had more money throughout the year) or may owe (And you should have saved).
The smart people set money aside, the less educated will figure it out with next years returns.



I am trying to make this as easy as possible to understand, and will take your questions over the next days, but I will have to ask your state, what you made, what was withheld and your filing status if you want me to look a little more into your case.


Loaning money to the government in the form of tax refunds is never a wise idea as you see ZERO interest paid to you on your loan to the government.
Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.
I due time, those with poor educations may catch on to seeing what Trump did that will be in effect even after he leaves office, even if reelected in 2020.

IF you were wise enough to pay down/off say, credit card debt, you will realize even more money in YOUR pocket when you are not paying credit card interest fees.





I am going to sleep now, but I already see poorly educated people complaining about this... They are used to big refunds from Democrats.
In actuality, you want as small of a refund as possible without owing, UNLESS you are methodical in your record keeping and saving, then you can really work the system when you pay hardly any tax during the year, and owe a lot.
 Quoting: Anonymous Coward 56561591


The goal should always be to estimate what you’ll owe and adjust your withholding. I never understand why people get excited over a big refund and the remainder of the year they struggle financially. Keep your money throughout the year to loosen the noose.

I realize things come up that change our tax situations that are unforeseen, but you usually have a general idea. They have some basic online questions you can answer to help estimate the withholding you should set per paycheck.

Anyone bitching this year; compare your gross from 2018 to 2017 and then compare your fed tax owed for the same two years. Maybe it’s better or worse. But the idea of just looking at your refund or lack thereof is not really the issue.
zazzman25

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02/10/2019 01:49 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Filed online like i do every year and got back 2100....ehhh
Yes, you get more each payday as you say.
Got 1600 back last year.
GT Big hair

User ID: 77047161
United States
02/10/2019 01:54 PM

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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
My labias are sore...
 Quoting: Anonymous Coward 58763078


well that's what you get...

kisspush
GT Big hair...yep and Amen.
GT Big hair

User ID: 77047161
United States
02/10/2019 02:00 PM

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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
TAXATION IS THEFT .!.. ..!.
 Quoting: SeoKungFu


ya but the only other way to pay for infrastructure is to have crazy $$$$$ toll booths on every road and every bridge or over-pass...

man, that might suck worse...

thinkab0utit7




...just sayin'
GT Big hair...yep and Amen.
Anonymous Coward
User ID: 75173205
United States
02/10/2019 02:54 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Trump let you keep more money every paycheck.
Many probably pissed it all away.

With that, less taxes were paid to the government for the year.
Meaning many will have smaller refunds, (But you had more money throughout the year) or may owe (And you should have saved).
The smart people set money aside, the less educated will figure it out with next years returns.



I am trying to make this as easy as possible to understand, and will take your questions over the next days, but I will have to ask your state, what you made, what was withheld and your filing status if you want me to look a little more into your case.


Loaning money to the government in the form of tax refunds is never a wise idea as you see ZERO interest paid to you on your loan to the government.
Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.
I due time, those with poor educations may catch on to seeing what Trump did that will be in effect even after he leaves office, even if reelected in 2020.

IF you were wise enough to pay down/off say, credit card debt, you will realize even more money in YOUR pocket when you are not paying credit card interest fees.





I am going to sleep now, but I already see poorly educated people complaining about this... They are used to big refunds from Democrats.
In actuality, you want as small of a refund as possible without owing, UNLESS you are methodical in your record keeping and saving, then you can really work the system when you pay hardly any tax during the year, and owe a lot.
 Quoting: Anonymous Coward 56561591



This is so manufactured. First of all, everyone knew what size refund they were getting when they filed. Hell, you have to know what the refund amount is just to check the status. So, it isn’t a sudden “surprise”.. where was all the outrage when they filed? Because that’s when people knew how big of a refund they were getting or not,,,,, not the day the direct deposits go out.
Anonymous Coward
User ID: 77010701
United States
02/10/2019 03:05 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Trump let you keep more money every paycheck.
Many probably pissed it all away.

With that, less taxes were paid to the government for the year.
Meaning many will have smaller refunds, (But you had more money throughout the year) or may owe (And you should have saved).
The smart people set money aside, the less educated will figure it out with next years returns.



I am trying to make this as easy as possible to understand, and will take your questions over the next days, but I will have to ask your state, what you made, what was withheld and your filing status if you want me to look a little more into your case.


Loaning money to the government in the form of tax refunds is never a wise idea as you see ZERO interest paid to you on your loan to the government.
Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.
I due time, those with poor educations may catch on to seeing what Trump did that will be in effect even after he leaves office, even if reelected in 2020.

IF you were wise enough to pay down/off say, credit card debt, you will realize even more money in YOUR pocket when you are not paying credit card interest fees.





I am going to sleep now, but I already see poorly educated people complaining about this... They are used to big refunds from Democrats.
In actuality, you want as small of a refund as possible without owing, UNLESS you are methodical in your record keeping and saving, then you can really work the system when you pay hardly any tax during the year, and owe a lot.
 Quoting: Anonymous Coward 56561591


Except he promised we would be paying lower taxes. We are not. He just created the illusion we were to make stupid people happy. Most were not convinced by his lies and knew.
Anonymous Coward
User ID: 75716984
United States
02/10/2019 03:11 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
According to the below thread, savers will get screwed.

Thread: Banks will soon steal your private savings! DONT KEEP ANY MONEY IN A BANK
William Money

User ID: 77297588
United States
02/10/2019 03:16 PM

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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Wife just did ours the other night and we almost nailed it this year, total combined refund state and federal about 200.00. So yea they still got to keep a little during the year but we damned near zeroed them, my goal is to exactly break even every year.

Screwed up in 17 and got back a few grand, vowed never again.

Last Edited by Owyhee on 02/10/2019 03:17 PM
Anonymous Coward
User ID: 23615726
United States
02/10/2019 03:18 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Trump let you keep more money every paycheck.
Many probably pissed it all away.

With that, less taxes were paid to the government for the year.
Meaning many will have smaller refunds, (But you had more money throughout the year) or may owe (And you should have saved).
The smart people set money aside, the less educated will figure it out with next years returns.



I am trying to make this as easy as possible to understand, and will take your questions over the next days, but I will have to ask your state, what you made, what was withheld and your filing status if you want me to look a little more into your case.


Loaning money to the government in the form of tax refunds is never a wise idea as you see ZERO interest paid to you on your loan to the government.
Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.
I due time, those with poor educations may catch on to seeing what Trump did that will be in effect even after he leaves office, even if reelected in 2020.

IF you were wise enough to pay down/off say, credit card debt, you will realize even more money in YOUR pocket when you are not paying credit card interest fees.


I haven’t done my taxes yet but I know that the deduction doubled from 6000 and something dollars to 12,000.


I am going to sleep now, but I already see poorly educated people complaining about this... They are used to big refunds from Democrats.
In actuality, you want as small of a refund as possible without owing, UNLESS you are methodical in your record keeping and saving, then you can really work the system when you pay hardly any tax during the year, and owe a lot.
 Quoting: Anonymous Coward 56561591



I haven’t done my taxes yet but I know that the deduction doubled from 6000 and something dollars to 12,000. If you’re going short form you should do better this year.
Eddie
User ID: 75550376
United States
02/10/2019 03:18 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
I seen a drastic increase in my refund amount. Having 4 kids plus the increased child tax credit sure did help. Just waiting on my 11,000 check now. I did however notice that my paychecks are smaller even though I got a raise. Better re-evaluate those withholding amounts I set YEARS ago.
Eddie
User ID: 75550376
United States
02/10/2019 03:20 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Wife just did ours the other night and we almost nailed it this year, total combined refund state and federal about 200.00. So yea they still got to keep a little during the year but we damned near zeroed them, my goal is to exactly break even every year.

Screwed up in 17 and got back a few grand, vowed never again.
 Quoting: William Money


Can you explain this to me? Why would getting a refund be a bad thing? Genuinely curious.

Thanks!
REBEL ROUSER

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United States
02/10/2019 03:22 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
President Bush ,the first one , did this also

I went strait to personal back then and told them to take an extra $15.00 out on federal deductions
D12345

User ID: 76670239
United States
02/10/2019 03:27 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
The current tax code has far less bullshit and room for error than the previous one. If anyone underpaid, they simply requested the wrong withholding amount. At some point, Democrats need to take responsibility for their problems.

The ones that are losing out in mass are tax professionals. Too bad, an industry that never should have existed. Right OP?
 Quoting: Green Tabber


The tax industry is just fine, thank you very much. The people in my tax groups are busier than ever. And more people starting businesses to take advantage of the QBI deduction. Good for individuals. Good for the economy.
Loup Garou

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02/10/2019 03:29 PM

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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
The TRUTH is such a pesky thing !
Just because YOU donít believe
in the Rougarou; or the Loup Garou, donít make you safe; No !

The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it.

"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine

The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short!

A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2


For those who understand, no explanation is needed. For those who do not understand, no explanation is possible

"A candle loses nothing by lighting another candle" - James Keller

Checkd, Keked, and Rekt!
Anonymous Coward
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United States
02/10/2019 03:33 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
I got $900 back last year..this year only $135 (a difference of $765.)

I received and extra $20 per pay period this year ($25 x 26 pay periods = $650)

I did the math.

$765 less of a refund.
$650 more throughout the year.

This "tax cut" didn't work in my favor as I wasn't able to itemize my mortgage interest and property taxes (which gave me the bulk of my previous refunds).

Plus I'm single without kids and paying over $6k in school/property taxes for crumb crunchers that aren't even mine.

suicide
Anonymous Coward
User ID: 77225135
United States
02/10/2019 03:39 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Except he promised we would be paying lower taxes. We are not. He just created the illusion we were to make stupid people happy. Most were not convinced by his lies and knew.
 Quoting: Anonymous Coward 77010701




In my household (a family of 3) we paid less taxes throughout the year (everyone with a paycheck got this and saw more of their money in every paycheck) and we got a larger refund at the end of the year..

I'd say 99 out of 100 people whining still paid less taxes overall you just do not understand how things work now.
Anonymous Coward
User ID: 77283014
United States
02/10/2019 03:43 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Trump let you keep more money every paycheck.
Many probably pissed it all away.

With that, less taxes were paid to the government for the year.
Meaning many will have smaller refunds, (But you had more money throughout the year) or may owe (And you should have saved).
The smart people set money aside, the less educated will figure it out with next years returns.



I am trying to make this as easy as possible to understand, and will take your questions over the next days, but I will have to ask your state, what you made, what was withheld and your filing status if you want me to look a little more into your case.


Loaning money to the government in the form of tax refunds is never a wise idea as you see ZERO interest paid to you on your loan to the government.
Extra money throughout the year COULD have helped you pay down debts faster, but many only know SPEND SPEND SPEND.
I due time, those with poor educations may catch on to seeing what Trump did that will be in effect even after he leaves office, even if reelected in 2020.

IF you were wise enough to pay down/off say, credit card debt, you will realize even more money in YOUR pocket when you are not paying credit card interest fees.





I am going to sleep now, but I already see poorly educated people complaining about this... They are used to big refunds from Democrats.
In actuality, you want as small of a refund as possible without owing, UNLESS you are methodical in your record keeping and saving, then you can really work the system when you pay hardly any tax during the year, and owe a lot.
 Quoting: Anonymous Coward 56561591


Except he promised we would be paying lower taxes. We are not. He just created the illusion we were to make stupid people happy. Most were not convinced by his lies and knew.
 Quoting: Anonymous Coward 77010701


I don't know what to say to you. I am in the working poor bracket and I got paid 5,000 more this year and got back 800 more dollars than last year.

I don't think the issue is with the tax code I think the issue is with you and your kind.

Actually I suggest we have two tax codes. One for the Conservatives and one for the Libtards since they love taxes. That way at the end of the year conservatives can pay less taxes and receive larger refunds and shills like you can get shafted by Uncle Sam.
Anonymous Coward
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02/10/2019 03:51 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
I don't care about the size of refunds. What is important -- has their total tax obligation, as a percentage of each dollar earned decreased?

Logic and math skills are very important.
 Quoting: Lady Jane Smith


THIS.
Anonymous Coward
User ID: 76939846
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02/10/2019 03:54 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Wife just did ours the other night and we almost nailed it this year, total combined refund state and federal about 200.00. So yea they still got to keep a little during the year but we damned near zeroed them, my goal is to exactly break even every year.

Screwed up in 17 and got back a few grand, vowed never again.
 Quoting: William Money


Can you explain this to me? Why would getting a refund be a bad thing? Genuinely curious.

Thanks!
 Quoting: Eddie 75550376


Sigh....

Because you are giving the government an interest free loan.
Anonymous Coward
User ID: 77352399
United States
02/10/2019 04:01 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Just completed taxes.

Rate tax vs. Total Income went UP slightly. Very slightly.

But will owe far more than expected due to the decreased withholding.

I saw it when it happened and actually lowered number of deductions knowing we would not see the maximum benefit.

I think the over $150K folks will find that they may not get much - if any - benefit from new law if they have state and local taxes of any amount and a decent mortgage and real-estate taxes.





Main lessons learned:

1. Being 'house poor' or 'over-housed' has no tax value now. Own as small and cheap of a house as you possible can.

2. Even modest state and local income taxes now have value in the federal taxes. So move to low/no income tax states and localities.

I think that the long term impact will be:

a) Lower house prices
b) Continuing exodus out of high tax localities.
NFGWolf

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02/10/2019 04:03 PM
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Re: Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
Most of the people posting on twitter are bots and just trying to sway the jackass snowflake and uneducated libshits because they are to stupid to do their own research.





GLP