Taxes

[olchevy]

Am I the only one that tries to set up their taxes where I get my money all year long? I try my best to break even. I'm not much on giving loans and I for sure as heck do not want to give the government a year long intrest free loan. I just did my taxes and I owe $80 this year well $76 to be exact. I think that's pretty dang close to right on. Everyone I know wants huge refunds, but I don't understand why, it's like locking up your money for a year with nothing to show for it. Am I the only one that feels this way?

 

[karlvv30]

Am I the only one that tries to set up their taxes where I get my money all year long? I try my best to break even. I'm not much on giving loans and I for sure as heck do not want to give the government a year long intrest free loan. I just did my taxes and I owe $80 this year well $76 to be exact. I think that's pretty dang close to right on. Everyone I know wants huge refunds, but I don't understand why, it's like locking up your money for a year with nothing to show for it. Am I the only one that feels this way?

Only people that get huge refunds are people near or below the poverty line with kids. Mostly it's the people that **** out babies and dont work. Eitc should not apply to people that dont work. Better yet it should be scrapped.

 

[rdogger]

I see both sides, I fall on the latter side.

Just something I dont think about and at the end of the year I get a nice little bonus.

Sometimes i save it, sometimes I spend it.

I have no doubt, it would get 100% spent throughout the year if I adjusted my deductions, so I am fine with giving the gubba mint a small loan they repay every year.

I usually get $5-$6K back so nothing crazy.

 

[Falcon1]

$76 is pretty damn good planning. I don't mind having a couple grand tied up for the year, but I adjust my with holdings throughout the year if I need to.

 

[emptyMAGS]

Am I the only one that tries to set up their taxes where I get my money all year long? I try my best to break even. I'm not much on giving loans and I for sure as heck do not want to give the government a year long intrest free loan. I just did my taxes and I owe $80 this year well $76 to be exact. I think that's pretty dang close to right on. Everyone I know wants huge refunds, but I don't understand why, it's like locking up your money for a year with nothing to show for it. Am I the only one that feels this way?

Wut? You don't like getting a check from da gubbermint?

 

[sambo77]

Only people that get huge refunds are people near or below the poverty line with kids. Mostly it's the people that **** out babies and dont work. Eitc should not apply to people that dont work. Better yet it should be scrapped.

me and my wife both work, no kids. we usually get back what I call a huge refund ( around $3-4k) but it's usually because we spend alot of work related expenses throughout the year.

 

[chazehen]

I see both sides, I fall on the latter side.

Just something I dont think about and at the end of the year I get a nice little bonus.

Sometimes i save it, sometimes I spend it.

I have no doubt, it would get 100% spent throughout the year if I adjusted my deductions, so I am fine with giving the gubba mint a small loan they repay every year.

I usually get $5-$6K back so nothing crazy.

This is me exactly. I don't make any interest leaving it in the bank and I GUARANTEE I would have spent it during the year

 

[Kman]

I pay throughout the year. I've adjusted my taxes to pay more almost every year. I still end up owing 6-12k each year. I feel like I'm getting bent over. I had none of these issues before Barack Obama was in office. I own a small business and have been screwed by the healthcare act and all tax increase tied to it.

 

[karlvv30]

me and my wife both work, no kids. we usually get back what I call a huge refund ( around $3-4k) but it's usually because we spend alot of work related expenses throughout the year.

I've seen part time workers pull 12g's.

 

[fastfish66]

Am I the only one that tries to set up their taxes where I get my money all year long? I try my best to break even. I'm not much on giving loans and I for sure as heck do not want to give the government a year long intrest free loan. I just did my taxes and I owe $80 this year well $76 to be exact. I think that's pretty dang close to right on. Everyone I know wants huge refunds, but I don't understand why, it's like locking up your money for a year with nothing to show for it. Am I the only one that feels this way?

YES LOL