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Message
People who talk about “getting their taxes”
Posted on 2/23/20 at 2:46 pm
Posted on 2/23/20 at 2:46 pm
This seems to have really become a thing in the last 5-10 years. They seem to have no concept that you don’t “get” taxes, you “pay” taxes. EIC is the devil. My wife and myself work all year, having taxes withheld, only to have to come up with thousands more by April 15. Infuriates me.
Fast Tax Commercial
Disclaimer: I had no part in the making of posted commercial.
Fast Tax Commercial
Disclaimer: I had no part in the making of posted commercial.
37
Posted on 2/23/20 at 2:49 pm to High C
More like "getting their earned money"
Posted on 2/23/20 at 2:51 pm to High C
quote:
My wife and myself work all year, having taxes withheld, only to have to come up with thousands more by April 15. Infuriates me.
If this happens often, do something about it. Sounds like you need to adjust your withholding.
Posted on 2/23/20 at 2:53 pm to High C
quote:I thought it was Foosball?
EIC is the devil.
Posted on 2/23/20 at 3:00 pm to High C
there should be no such thing as refundable tax credits.
you're tax liability is zero? you can have what you overpaid. You don't get more than what you paid
you're tax liability is zero? you can have what you overpaid. You don't get more than what you paid
Posted on 2/23/20 at 3:01 pm to udtiger
quote:
you're tax liability is zero? you can have what you overpaid. You don't get more than what you paid
Exactly
Posted on 2/23/20 at 3:02 pm to soccerfüt
quote:
EIC is the devil.
I thought it was Foosball?
The devil has many names. Lucifer, The Morning Star, Beelzebub, Satan, Old Scratch, Mephistopholes, EIC, Foosball...
Posted on 2/23/20 at 3:04 pm to High C
quote:
My wife and myself work all year, having taxes withheld, only to have to come up with thousands more by April 15. Infuriates me.
Well you’re doing it wrong hoss.
Posted on 2/23/20 at 3:07 pm to DCtiger1
quote:
Well you’re doing it wrong hoss.
Likely, but not the point.
Posted on 2/23/20 at 3:07 pm to High C
Likely you have tax deductions that you’re not taking advantage of while completing your tax forms.
Posted on 2/23/20 at 3:24 pm to High C
Vote for Bernie and you ain’t getting shite back
Posted on 2/23/20 at 3:27 pm to High C
Shouldn’t be rewarded with EITC when you aren’t working or doing jack shite .
Posted on 2/23/20 at 3:28 pm to High C
Sorry your wife doesn’t want to spawn with you for profit
Posted on 2/23/20 at 3:29 pm to High C
I feel the same way. Every year we get four full months of gleeful, idiotic "it's tax time!" ads aimed at the EIC crowd. My reactions range from eye-rolling to full on terror. It really sucks and it's good to know I'm not the only one who suffers through this.
Posted on 2/23/20 at 3:30 pm to High C
quote:
Likely, but not the point.
If you were getting money back or were breaking even would you be “infuriated”?
Posted on 2/23/20 at 3:46 pm to DCtiger1
thank Reagan for the EIC
Posted on 2/23/20 at 3:46 pm to High C
I work with lots of low income people with lots of kids. Those guys/gals get thousands back. My co-worker and his wife are expecting something like 10k back. I don't think they even paid that much in, but they will get a bunch..
Posted on 2/23/20 at 4:29 pm to High C
Posted on 2/23/20 at 4:34 pm to High C
I chuckle every time I read someones post on the Money Talk Board about them waiting for their tax return to come in. 
Posted on 2/23/20 at 4:35 pm to High C
Your other option is to overpay them all year, let them earn interest on your money, and you get a check back months after the year ended.
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