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re: W2's are out baws
Posted on 1/30/20 at 6:56 am to DavidTheGnome
Posted on 1/30/20 at 6:56 am to DavidTheGnome
Time to pull out my Statue of Liberty costume and get back to work.
1
Posted on 1/30/20 at 6:56 am to DavidTheGnome
Did my taxes the other day. Made 85k, getting 537 in federal refund.
Posted on 1/30/20 at 7:02 am to tiger114
quote:
Wait. I don’t understand. If you are unemployed and on welfare, do you get a tax refund? Honest question and, please for the sake of my sanity and blood pressure, I hope the answer is no.
I’ve made a point of this for years. We need to stop referring to it as a tax “refund.” The people who go all out and buy dumb shite at tax season are very more than likely getting back MORE of a “refund” than they paid in each year.
Many get loans against this manna from heaven prior to the receipt of actual money from the government. These aren’t cases where someone paid in 3500 and got back 3500 (although those can happen). Which would be a “refund.” These are cases where someone paid in a nominal amount, or zero, and gets thousands “back” from the government.
So yeah. That’s my yearly rant that we shouldn’t call them “refunds” for everyone. More like free money for claiming all the kids in the neighborhood.
This post was edited on 1/30/20 at 7:04 am
Posted on 1/30/20 at 7:04 am to DavidTheGnome
I only owe $700 this year. 
Posted on 1/30/20 at 7:06 am to eScott
It is not a refund. It is the government paying you back on your interest free loan to it.
Posted on 1/30/20 at 7:41 am to goinallout
I can't remember the last time I had a refund.
Posted on 1/30/20 at 7:44 am to Fat and Happy
quote:hol'up cock smoker, who the fukcs is you?
That and frick SuperSaint
Posted on 1/30/20 at 7:46 am to DavidTheGnome
Helped my 17 year-old do their taxes for the first time. forgot how easy life was at 17. Made $4100 paid $310 is state/federal. getting back $310 state/federal.
Done in 15 minutes.
Still waiting on all my paperwork to come in, but will do mine this weekend or next.
Done in 15 minutes.
Still waiting on all my paperwork to come in, but will do mine this weekend or next.
Posted on 1/30/20 at 7:46 am to eScott
quote:FIFY
I only owe $700 MORE this year.
Posted on 1/30/20 at 8:04 am to lsupride87
I still don't have my W2
Posted on 1/30/20 at 8:06 am to DavidTheGnome
Robbery season is almost over. It’s literally like a water faucet turning off once the tax returns start coming back.
Enjoy it until May boys.
Enjoy it until May boys.
Posted on 1/30/20 at 8:30 am to GeauxGutsy
quote:
How else you gone claim dem chirren?
Answer is frick Yes and it’s Disgusting
If you're unemployed and on welfare, I'm not familiar with any tax credits that are refundable without earned income, but I could be wrong.
Posted on 1/30/20 at 8:31 am to lsupride87
quote:
I only owe $700 MORE this year.
FIFY
I fight this battle every year. It's incredible.
Posted on 1/30/20 at 8:34 am to goinallout
quote:
It is the government paying you back on your interest free loan to it.
So a refund.
Posted on 1/30/20 at 8:35 am to OysterPoBoy
quote:
Time to pull out my Statue of Liberty costume and get back to work.
One of my favorite jobs. A sign spinner.
Those guys get paid
Posted on 1/30/20 at 8:37 am to pioneerbasketball
Gonna see our CPA tommorrow:
I like him. First question is "How much do you want to get back."
I like him. First question is "How much do you want to get back."
This post was edited on 1/30/20 at 8:39 am
Posted on 1/30/20 at 8:38 am to TH03
quote:
So a refund.
It's a refund of their own money for most folks on this board.
The past pride is talking about, and the part I can't wrap my head around, is the folks who think owe/refund is all that matters. It's the same people who are worried about your monthly car note instead of the actual purchase price. The amount of clients I have that think the tax cuts were shitty for them is incredible. They're mad they can't itemize anymore or they didn't get a refund like usual, yet they paid less in total taxes nonetheless.
Posted on 1/30/20 at 8:39 am to DavidTheGnome
Ahhhh the time of year where I have to pay and my POS ex gets 7500 back!!
Posted on 1/30/20 at 9:06 am to Fat and Happy
quote:why you hatin on the felon
frick SuperSaint
Posted on 1/30/20 at 9:10 am to slackster
quote:
It's a refund of their own money
That's literally what a refund is. A pay back of their own money.
quote:
The past pride is talking about, and the part I can't wrap my head around, is the folks who think owe/refund is all that matters. It's the same people who are worried about your monthly car note instead of the actual purchase price. The amount of clients I have that think the tax cuts were shitty for them is incredible. They're mad they can't itemize anymore or they didn't get a refund like usual, yet they paid less in total taxes nonetheless.
I didn't argue anything period and certainly none of this.
I'm just saying using the term refund is factually correct by the definition of the word.
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