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REPORT ABUSIVE REPLY
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Message Subject
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Direct all people with tax issues to this thread. Many poorly educated Americans are having issues with their refunds.
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Poster Handle
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Eddie |
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Post Content
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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! Sigh.... Because you are giving the government an interest free loan. And shorting yourself on take home pay throughout the year, meaning you may be not paying down your mortgage or credit card debt when you could save interest by doing more of that during the year if you had more take home pay. Mortgage is paid off just this last month. Will be using a portion of the return to pay off 3 of 5 loans. How is this a bad thing? And what about the free loan to the gov..... What is that in reference to?
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