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re: Tax season closing for most of us soon

Posted on 3/28/25 at 11:58 am to
Posted by redstick13
Lower Saxony
Member since Feb 2007
40399 posts
Posted on 3/28/25 at 11:58 am to
Got $75 back with all foreign income. Don’t ask me how that happens.
This post was edited on 3/28/25 at 12:00 pm
Posted by Traveler
I'm not late-I'm early for tomorrow
Member since Sep 2003
26138 posts
Posted on 3/28/25 at 12:02 pm to
quote:

received a little back from federal, paid a bit for Louisiana.


Same
Posted by GEAUXT
Member since Nov 2007
30405 posts
Posted on 3/28/25 at 12:03 pm to
Owed $43,000
Posted by fareplay
Member since Nov 2012
6291 posts
Posted on 3/28/25 at 12:03 pm to
50% of my income come in RSU and the stock went up too much and I didn’t withhold enough
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135493 posts
Posted on 3/28/25 at 12:05 pm to
quote:

Used to be my favorite time of the year since I normally get refund
That's something I've never understood. A refund basically equates to lending the Feds free money for 3 1/2 months.

We owe a freighter-load of Cap Gains this year. But I'd far prefer that to giving all of it, and then some, to DC over the course of the year in order to get a refund.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27581 posts
Posted on 3/28/25 at 12:05 pm to
I owe 10K

Liquidated an inherited IRA but didn't have taxes withheld.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36658 posts
Posted on 3/28/25 at 12:10 pm to
quote:

I'd much rather pay out of pocket and write it off as a tax break towards myself/family... than pay the IRS


I’d much rather keep my money throughout the year, you’re bill is your bill, no matter when you pay it
Posted by Dadren
Jawja
Member since Dec 2023
3067 posts
Posted on 3/28/25 at 12:12 pm to
quote:

50% of my income come in RSU and the stock went up too much and I didn’t withhold enough

Serious question, why wouldn’t you just let your employer sell a portion and withhold from that?
Posted by fareplay
Member since Nov 2012
6291 posts
Posted on 3/28/25 at 12:19 pm to
They do, I didn’t tell them to sell enough. Stocks almost doubled and I didn’t adjust
Posted by SulphursFinest
Lafayette
Member since Jan 2015
11341 posts
Posted on 3/28/25 at 12:25 pm to
Yeah I got $7,000 back. Don’t feel like attempting to adjust it. Also don’t care. I got it back right when the stock market dropped so it worked out.

10/10 will do again
Posted by Warfox
B.R. Native (now in MA)
Member since Apr 2017
3751 posts
Posted on 3/28/25 at 12:27 pm to
quote:

If you can do your taxes without an extension and get a refund, you’re poor


At least those people have class.
Posted by Mouth
Member since Jan 2008
22869 posts
Posted on 3/28/25 at 12:35 pm to
quote:

you’re bill is your bill, no matter when you pay it


huh?

you'd rather pay the IRS at the end of the year? instead of paying an

HSA
401k
Charity
START for kids
etc etc

and if you're self employed or a business owner the list is endless
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36658 posts
Posted on 3/28/25 at 12:36 pm to
quote:

huh? you'd rather pay the IRS at the end of the year? instead of paying an HSA 401k Charity START for kids etc etc and if you're self employed or a business owner the list is endless


I don’t even know how to address this it makes so little sense
Posted by Burt Reynolds
Monterey, CA
Member since Jul 2008
23871 posts
Posted on 3/28/25 at 12:41 pm to
If you received a refund, you are poor
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
68962 posts
Posted on 3/28/25 at 12:50 pm to
I haven't even begun to file myself.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72755 posts
Posted on 3/28/25 at 12:50 pm to
quote:

Going to pay what I owe now for my regular taxes and see what happens once I get my K19.
FIFY

Posted by NewIberiaHaircut
Lafayette
Member since May 2013
12314 posts
Posted on 3/28/25 at 1:00 pm to
quote:

why are yall owing money?


Capital Gains is a bitch baw.
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
32505 posts
Posted on 3/28/25 at 1:06 pm to
Small refund thanks to my crotch goblins
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135493 posts
Posted on 3/28/25 at 1:16 pm to
quote:

huh?

you'd rather pay the IRS at the end of the year? instead of paying an

HSA
401k
Charity
START for kids
etc etc

and if you're self employed or a business owner the list is endless
So I'm curious, what was it you thought you were responding to? Because none of that has a thing to do with the OP.
Posted by MrFreakinMiyagi
Reseda
Member since Feb 2007
19696 posts
Posted on 3/28/25 at 1:24 pm to
I’m getting $2 back
First refund I’ve gotten in 4-5 years
Awesome
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