can someone give me a rough estimate of a tax refund? | Page 2 | TigerDroppings.com
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MikeBRLA
LSU Fan
Baton Rouge
Member since Jun 2005
9609 posts

re: can someone give me a rough estimate of a tax refund?

quote:

So what's so wrong with filing zero? I don't care about the government as long as I get my money back.


Bc you are given them an interest free loan. IE you are losing money. The time value of money is a powerful thing and you are on the losing end here.


Batdawg
Georgia Fan
Member since Dec 2012
360 posts

re: can someone give me a rough estimate of a tax refund?
No I'm not. I keep all my money in a checking account anyways. No interest unless I have savings account.


LSU6262
LSU Fan
Member since Jun 2008
2391 posts

re: can someone give me a rough estimate of a tax refund?
geez, I guess some people are just so bad with money, they'd rather the government hold it for them.

I'd rather the extra $416 \ month, but that's just me..


Batdawg
Georgia Fan
Member since Dec 2012
360 posts

re: can someone give me a rough estimate of a tax refund?
How the hell can you get $416 a month in interest?


LSU6262
LSU Fan
Member since Jun 2008
2391 posts

re: can someone give me a rough estimate of a tax refund?
I meant that the $5000 extra you're sending to the government could be yours to use on a monthly basis. money now is always greater than money later. but hey if you like to give out interest free loans, more power to ya.


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VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
12944 posts
Online

re: can someone give me a rough estimate of a tax refund?
quote:

How the hell can you get $416 a month in interest?


Well you could be taking that $416 a month and investing it in something other than an interest free loan to the federal government.


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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
75011 posts

re: can someone give me a rough estimate of a tax refund?
quote:

No I'm not.


but you are


drewnbrla
LSU Fan
The Dark Side of the Moon
Member since Mar 2011
5231 posts

re: can someone give me a rough estimate of a tax refund?


Anyways, I'm going to talk to our accountant at work to have him reduce the % of fed taxes being deducted each pay to keep more of my money in my pay each period cause I need money.


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mark_in_table
LSU Fan
Member since Nov 2012
30 posts

re: can someone give me a rough estimate of a tax refund?
This is correctish, assuming that the OP didn't include SS and medicare tax in the $10,000 total.
This post was edited on 1/23 at 10:03 am


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