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Why is the government so unreliable?

Posted on 4/12/21 at 4:39 pm
Posted by tigersownall
Thibodaux
Member since Sep 2011
15331 posts
Posted on 4/12/21 at 4:39 pm
The irs mailed my refund on April 2nd, still nothing in the mail box.
Posted by Vrai
Baton Rouge
Member since Nov 2003
3895 posts
Posted on 4/12/21 at 4:43 pm to
Because they know you have no options.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 4/12/21 at 4:47 pm to
They are the ultimate monopoly and have no incentive to do better
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37109 posts
Posted on 4/12/21 at 5:42 pm to
Why does anyone still get a check? Now you are depending on another government agency - the USPS.

Direct deposit.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119222 posts
Posted on 4/12/21 at 7:09 pm to
quote:

Why is the government so unreliable?


They have no competition and an endless stream of money
Posted by hottub
Member since Dec 2012
3339 posts
Posted on 4/12/21 at 7:46 pm to
Those who can’t do, teach.

Those who can’t teach, go in politics.
Posted by meansonny
ATL
Member since Sep 2012
25634 posts
Posted on 4/12/21 at 8:34 pm to
Why dont you electronically file and get direct deposit on your refund?

I filed yesterday. IRS accepted it within 1 hour. Deposit should be in my checking account by Monday.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 4/12/21 at 8:42 pm to
No incentive to improve, the employees get paid the same regardless of the quality of their work, just easier to be a slacker.
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1225 posts
Posted on 4/12/21 at 9:15 pm to
No incentive. No profit motive, Just wait until Biden gets done.
Posted by BeaumontBengal
Member since Feb 2005
2336 posts
Posted on 4/12/21 at 10:22 pm to
quote:

I filed yesterday. IRS accepted it within 1 hour. Deposit should be in my checking account by Monday.


Hope for your sake you’re right, but I’m afraid that “accepted” doesn’t mean anything. I filed electronically and IRS accepted it within minutes on 3/9. No deposit 5 weeks later. Check IRS refund tracker - “Your tax refund is still being processed.”
Posted by cgrand
HAMMOND
Member since Oct 2009
38820 posts
Posted on 4/12/21 at 10:58 pm to
again I have to ask.
why are you guys overpaying your taxes?

it’s madness
Posted by meansonny
ATL
Member since Sep 2012
25634 posts
Posted on 4/13/21 at 5:55 am to
quote:

why are you guys overpaying your taxes?


What do you know about commissions and bonuses?

Not much, im guessing.
Posted by Pintail
Member since Nov 2011
10449 posts
Posted on 4/13/21 at 6:15 am to
quote:

The irs mailed my refund on April 2nd, still nothing in the mail box.



I wonder what happens if I do that to them for their "refund" from me.
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 4/13/21 at 7:13 am to
quote:

again I have to ask.
why are you guys overpaying your taxes?

it’s madness


If I'm within a few hundred bucks either way I call it a win. I could get closer, but that's more work so it really isn't worth it. Plus, I usually get dividends in the middle of December, and at that point it's too late to adjust withholdings. So I'd have to calculate the estimates and pay those, which again, is more work.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119222 posts
Posted on 4/13/21 at 7:55 am to
quote:

again I have to ask.
why are you guys overpaying your taxes?

it’s madness


I almost always am within $500 owed, I call that a victory.
Posted by cgrand
HAMMOND
Member since Oct 2009
38820 posts
Posted on 4/13/21 at 8:22 am to
quote:

What do you know about commissions and bonuses?

Not much, im guessing.

what do you know about proper withholding, estimated tax payments and managing your tax bill throughout the year instead of once a year?

not much I’m guessing

BTW if your point about bonuses and commissions was that many people’s income fluctuates, that would generally result in underpayment due to increased income at uneven intervals. Thus the prevailing issue with bonus based income is a tax bill, not a refund

There is nothing at all wrong with a tax bill, that means you are erring on the side of keeping your money with you, not the US treasury, until and if it is called away.
This post was edited on 4/13/21 at 8:33 am
Posted by cgrand
HAMMOND
Member since Oct 2009
38820 posts
Posted on 4/13/21 at 9:00 am to
quote:

Plus, I usually get dividends in the middle of December, and at that point it's too late to adjust withholdings. So I'd have to calculate the estimates and pay those, which again, is more work.

me too, but that creates taxes owed not a refund
Posted by FinleyStreet
Member since Aug 2011
7901 posts
Posted on 4/13/21 at 9:05 am to
Right, but if you owe too much, you can get penalized for that which is why I like to be within a few hundred bucks either way. I always look at it on a high level toward the end of the year.
Posted by Weekend Warrior79
Member since Aug 2014
16417 posts
Posted on 4/13/21 at 9:11 am to
quote:

I filed yesterday. IRS accepted it within 1 hour. Deposit should be in my checking account by Monday.

The accepted means they accepted the return, not necessarily the results of the return. Could still take some time to process.
Posted by meansonny
ATL
Member since Sep 2012
25634 posts
Posted on 4/13/21 at 9:20 am to
quote:


The accepted means they accepted the return, not necessarily the results of the return. Could still take some time to process


Lol

2 income w2 with standard deductions.
It is approved.

Deposit will be in my account on monday.
Anybody not filing electronically has been given bad advice.
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