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-   -   Anyone else owe Uncle Sam this year? (https://forums.thepaceline.net/showthread.php?t=44102)

Volant 04-15-2008 11:33 PM

Anyone else owe Uncle Sam this year?
 
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 04-15-2008 11:38 PM

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

zmudshark 04-15-2008 11:41 PM

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 04-15-2008 11:51 PM

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 04-16-2008 06:06 AM

Refund?
 
Never heard the term.

keno

csm 04-16-2008 06:26 AM

wrote 2 checks... both federal and state.

justinf 04-16-2008 06:29 AM

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

93legendti 04-16-2008 06:55 AM

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 04-16-2008 07:00 AM

I paid the gov't and HR Block.

:crap:

paulh 04-16-2008 07:04 AM

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

Dave B 04-16-2008 07:50 AM

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

BURCH 04-16-2008 08:58 AM

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 04-16-2008 09:04 AM

Quote:

Originally Posted by csm
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 04-16-2008 11:31 AM

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

:beer:

Tobias 04-16-2008 11:56 AM

Quote:

Originally Posted by 93legendti
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. ;)


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