Know the rules The Paceline Forum Builder's Spotlight


Go Back   The Paceline Forum > General Discussion

Reply
 
Thread Tools Display Modes
  #1  
Old 04-15-2008, 11:33 PM
Volant's Avatar
Volant Volant is offline
Senior Member
 
Join Date: Oct 2007
Location: Knoxville
Posts: 1,772
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?!

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.
Reply With Quote
  #2  
Old 04-15-2008, 11:38 PM
Blue Jays Blue Jays is offline
Rock Hard ~ Ride Free
 
Join Date: Oct 2007
Location: United States of America
Posts: 5,398
Owed. Better than the government having had my money the whole year at no cost.
Reply With Quote
  #3  
Old 04-15-2008, 11:41 PM
zmudshark's Avatar
zmudshark zmudshark is offline
Small ring
 
Join Date: Oct 2007
Location: AZ in Winter A2 in Summer
Posts: 5,826
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...
Reply With Quote
  #4  
Old 04-15-2008, 11:51 PM
DRZRM's Avatar
DRZRM DRZRM is offline
'97 Ti Legend
 
Join Date: Jul 2005
Location: State College, PA
Posts: 4,613
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.
__________________
Friends don't let friends ride junk!
Reply With Quote
  #5  
Old 04-16-2008, 06:06 AM
keno's Avatar
keno keno is offline
problem child
 
Join Date: Dec 2003
Location: Scenic New Jersey
Posts: 2,604
Refund?

Never heard the term.

keno
__________________
What you don't see with your eyes, don't invent with your mouth.
Reply With Quote
  #6  
Old 04-16-2008, 06:26 AM
csm's Avatar
csm csm is offline
Senior Member
 
Join Date: Dec 2003
Location: Pennsylvania
Posts: 2,655
wrote 2 checks... both federal and state.
__________________
good times!
Reply With Quote
  #7  
Old 04-16-2008, 06:29 AM
justinf's Avatar
justinf justinf is offline
Senior Member
 
Join Date: Jun 2005
Location: NC
Posts: 1,458
Been a long time since I've had a refund. No different this year: write the estimation check, file the extension.
Reply With Quote
  #8  
Old 04-16-2008, 06:55 AM
93legendti 93legendti is offline
Adam/SerottaFan
 
Join Date: Dec 2003
Location: Michigan
Posts: 11,871
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...
__________________
Atmsao
(according to my semi anonymous opinion)
Reply With Quote
  #9  
Old 04-16-2008, 07:00 AM
flux's Avatar
flux flux is offline
fully capacitated
 
Join Date: Nov 2007
Location: New Hampshire
Posts: 849
I paid the gov't and HR Block.

Reply With Quote
  #10  
Old 04-16-2008, 07:04 AM
paulh paulh is online now
Senior Member
 
Join Date: Mar 2004
Posts: 661
Refund???? Refund??????
Reply With Quote
  #11  
Old 04-16-2008, 07:50 AM
Dave B's Avatar
Dave B Dave B is offline
Ex-Mr.President
 
Join Date: Oct 2005
Location: NE of Indianapolis
Posts: 5,832
As a mistake by our lawyer we have to pay the trustee half of our refund for the next 5 years.
Reply With Quote
  #12  
Old 04-16-2008, 08:58 AM
BURCH's Avatar
BURCH BURCH is offline
Big Chain Ring for Me!
 
Join Date: Feb 2005
Location: L'ville, KY
Posts: 844
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?

Last edited by BURCH; 04-16-2008 at 09:44 AM.
Reply With Quote
  #13  
Old 04-16-2008, 09:04 AM
97CSI 97CSI is offline
Senior Member
 
Join Date: Dec 2003
Location: South NJ
Posts: 2,747
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.
__________________
Eat the nouveau riche!
Those who cannot remember the past are condemned to repeat it. - Georges Santayana
Reply With Quote
  #14  
Old 04-16-2008, 11:31 AM
Dekonick's Avatar
Dekonick Dekonick is offline
Senior Member
 
Join Date: Dec 2003
Location: Howierd County, Maryland
Posts: 6,440
I am going to buy some leather bar wrap with my FRN's... at least I hope I can....

Reply With Quote
  #15  
Old 04-16-2008, 11:56 AM
Tobias Tobias is offline
Senior Member
 
Join Date: Aug 2007
Posts: 1,797
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.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 04:22 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.