Anyone else owe Uncle Sam this year?

[Volant]

I just love all the ads these days about how to spend your refund. Since I had a negative refund, does that mean these places will give me a discount?!
:rolleyes:
I guess it's better to owe than have Uncle Sam make money off of your money all year and then give you some back without interest.

[Blue Jays]

Owed. Better than the government having had my money the whole year at no cost.

[zmudshark]

I don't even work (retired) and I owed, in spite of paying estimated taxes all year.

At least it's going to a good cause. Oh wait...

[DRZRM]

Though I had a refund coming when I came across a 10-99 for something I'd forgotten about. Cost me my refund refund, and my tax guy had to redo my forms (which I'm sure will cost me). I'm still going to use the "refund" to restart the country with a new set of wheels.

[keno]

Never heard the term.

keno

[csm]

wrote 2 checks... both federal and state.

[justinf]

Been a long time since I've had a refund. No different this year: write the estimation check, file the extension.

[93legendti]

Yup I wrote 2 checks, state and fed. My father used to say he didn't mind paying taxes, 'cuz it meant he made money- it made the checks easier to write. Actually, I am getting a refund from Canada and owed US and state taxes. It's almost a wash. Maybe that's why I didnt mind...

[flux]

I paid the gov't and HR Block.

:crap:

[paulh]

Refund???? Refund??????

[Dave B]

As a mistake by our lawyer we have to pay the trustee half of our refund for the next 5 years. :crap:

[BURCH]

AMT got us again, but like BlueJay said at least we held onto the money to make some interest off of it. Our acct is pushing for us to make payments every qtr in 08 to avoid the paying a big check in April or 09, but I keep saying that I would rather just hold onto the money until the last second. A dollar is always worth more today than tomorrow, right?

[97CSI]

wrote 2 checks... both federal and state.Same here. While I believe we need to support our government, I do wish they won't give my tax dollars away to those who don't need it. Especially at the state level.

[Dekonick]

I am going to buy some leather bar wrap with my FRN's... at least I hope I can....

:beer:

[Tobias]

Actually, I am getting a refund from Canada and owed US and state taxes. It's almost a wash. Maybe that's why I didnt mind...That's one painless way to balance the trade deficit. ;)

[Pete Serotta]

Yep, I pay every year. Also, I am many are not getting the "special" May payment. Yeah life could be worse.. ;) ;)

I just love all the ads these days about how to spend your refund. Since I had a negative refund, does that mean these places will give me a discount?!
:rolleyes:
I guess it's better to owe than have Uncle Sam make money off of your money all year and then give you some back without interest.

[Waldo]

wrote 2 checks... both federal and state.

Me too.

[barry1021]

Me too.

Me three, but I never want to loan the government money

b21

[swoop]

i owe sam a meivici with lightweight wheels and campy. ugh. buhbye profit margin.

[shinomaster]

Self employment taxes are MP.

[93legendti]

That's one painless way to balance the trade deficit. ;)

It is painless when you hear about the refund FIRST and the tax payment SECOND. Trust me, that's the way it happened...elation, then resignation. It could have been deep depression, then relief.

[Louis]

buhbye profit margin.

The satisfaction of a job well done, and the help you provide others should be compensation enough.

[Tom Kellogg]

Owe the State 18 buckks more than the Fed refund will be, not bad. In fact, for the benefits that I get living in this country, my taxes are a HUGE good deal. Cheap at twice the price. I have no intention of moving.

Driving home from visiting our second daughter and grandson in Louisville, we saw a LOT of bridge and road rebuilding in western and central Pennsylvania. Folks grumbled when the state legislature raised the toll rates, but they are acutally doing good and important stuff with the money. I don't want to have a bridge fall on (or under) me.

[maunahaole]

Owed the state a little money and getting much more back from the feds.

[swoop]

The satisfaction of a job well done, and the help you provide others should be compensation enough.

i'd work my gig for free if i could! i really would. its is true.. you give a little and you get tenfold back.

[J.Greene]

First time in my life I owe. It's about what my rebate will be.

JG

[znfdl]

Does a beat sh_t in the woods?

Hell yes, Fed and State for too many years in a row.

[sg8357]

i owe sam a meivici with lightweight wheels and campy. ugh. buhbye profit margin.

There would be children going shoeless at Lockheed Martin if not for
your support.

There was a fun SF story years ago about how the tax system was
replaced by one where you had to pay the same amount of tax,
but you decided how much money each agency received.


Scott G.
Where is Ross Perot anyway ?, he always had a plan.

[KeithS]

Tom Kellogg wrote in part...

.....Folks grumbled when the state legislature raised the toll rates, but they are acutally doing good and important stuff with the money. I don't want to have a bridge fall on (or under) me.

I live where a bridge fell down and did kill folks, one person I knew. On a normal day I would have been on or near when it fell, I chose a different route that day because there was a Twins game that evening.

I got to pay again this year. Not enough to pay for a new bridge, just some parts of it. Gotta love the AMT. Doesn't it make you comfortable to use an infrastructure built by the lowest bidder?

I am getting cynical about our government's ability to do good and important stuff. Too many special interests. Like oil companies and trial lawyers and insurance companies....

I coulda had a Meivici...

[steelrider]

I ended up having to pay the state. I would have had to pay the feds were it not for a hard-working tax preparer. If you are single, no kids, and no property and like to work overtime, you get screwed. Glad to know that my dough is going to support a worthwhile adventure abroad.

[stevep]

always owe, always pay.
never bitch about it.

go read tom kelloggs post. thats me too.

[rwsaunders]

Owe the State 18 buckks more than the Fed refund will be, not bad. In fact, for the benefits that I get living in this country, my taxes are a HUGE good deal. Cheap at twice the price. I have no intention of moving.

Driving home from visiting our second daughter and grandson in Louisville, we saw a LOT of bridge and road rebuilding in western and central Pennsylvania. Folks grumbled when the state legislature raised the toll rates, but they are acutally doing good and important stuff with the money. I don't want to have a bridge fall on (or under) me.

You can tell when it's Spring in western PA....that's when the traffic cones and barrels come out.