 Wheres my refund? |
| All week I have checked the refund status on the IRS website (Wheres my refund?) I did my taxes with H & R Block online, IRS accepted my return 1/20/08 and on the irs web it said my refund should ... |
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 What status should I file if I got married last year, but we never lived together due to work? |
We both own our homes. I have a dependent.
I've been told I can file head of household, but you can only file this if you are single.... |
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 When does the advance tax returns with a paycheck stub begin for H&R Block or Jackson Hewitt??? |
| It's a loan you can apply for that will get you a partial amount of the refund they anticipate you will get. You have to have your paycheck stub to get it though. I know it starts around the ... |
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 Which benifit allowence? |
| i have health probllems and extreme anxitey problems to the point after 4 years ive realised i definatly cant work right now, i can claim incapacity cause im currently out of work, im 20 and live at ... |
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 Is there a stimulus check coming or not?!!? |
| I hope someone out there can clear this up for me. I recieved a letter from the IRS stating that I would recieve a stimulus check...even my tax man confirmed that I would...but I have not! I was ... |
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 My husband owes on a student loan and they threatened to take it out of our income tax...My ? is..? |
| We can't afford to pay it off right now(due to debt) and when they told us this he had a different job at the time. Since then we have moved and his job has changed and they have no idea where ... |
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 Is my grandmother eligible for a Economic Stimulus Act refund if she is retired? |
| she is retired with no dependants. she did not file a income tax return either. what do i need to ... |
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 What is the earliest you can file your taxes this year? |
| i dont have my w-2 but i can do it with my last stub ! what's the earliest date?... |
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 If I don't pay my income tax, how long before the IRS comes after me? |
I owe, $1,114.00 in Federal. I aint got it.
Additional Details
They can't garnish my wages if I have no wages. Just waiting for them to come and get me so I can have food and bed.... |
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 How can you have different refund amounts on taxes by using different preparers?? |
| hr block vs. jackson hewitt vs doing it yourself. Deductions are Deductions??How can one company get you more than another???... |
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 I made a profit of $10,000 after I sold my home. Do I have to pay taxes on this profit? |
| If I do have to pay taxes is there a time limit to put the money towards another house without paying taxes?... |
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 How can i save money for tax time? |
| I remember reading in a magazine that you can claim all the sales taxes from recipts of things you purchased, like from stores, etc. is that true? how do i go about claiming them? if it is true, i ... |
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isactnt | Claiming zero exemptions through the year on taxes larger refund? |
Does claiming zero or one exemptions through the year get you a larger refund? |
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BLULINR
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Yes, because they take more out of your check each pay period.
BUT, ideally what you want to do is owe the government zero and have zero refund. The amount of money you get as a refund is YOUR money to begin with, having the government keep YOUR money (without paying you interest, I might add) when you might need it each month doesn't make much sense.
Simply figure out about what your refund will be, then divide that by the number of paychecks you get in a year and figure out how many withholdings you need to take where it breaks even. Easy, huh? |
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G-man
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this is one of the most common misconceptions in the filing of tax returns. everyone seems to think that getting a HUGE refund come May or whenever the check arrives is such a great thing. simply stated - it is not. to make an analogy - say i borrow $10 from you on january 1. then on february 1, i run into some money and for whatever reason decide to pay you not only $10, but $5,000. so 11 months later, i realize that i paid you too much so i ask you for the amount that i overpaid, or $4990. You pay me on Dec 31 and in the end, yes - we are all square. Was that a good deal on my part? Well, there are some that say "Well if i had the money in hand, I would have spent it - so I essentially saved money !" Not bad I suppose - but the Bank 'O IRS does not pay interest on overpayments, so if you simply did not trust yourself, you are so much better off putting the excess into a CD or something like that.
The best scenario, without question, is when come April 15, and your CPA tells you that you have no refund, nor do you have a check to cut. Obviously, this would be quite difficult to do unless your tax situation was very, very simple. But the closer you get to breaking even, the better off you are. Even if you pay a small amount. Ever hear of money in your pocket? |
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Kevin S
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you shouldn't be looking for a larger refund, you need little to no refund. if you get a refund it just means you let the government hold onto YOUR money for a year, while it could be earning interest in the bank or cd or money market or whatever else you can invest in. |
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anyang2
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yes! |
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♥My 2 Cents♥
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yes |
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» mickdotcom «
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Yes. You pay in more each week, then get it back. Some people would rather get the money during the year. I like the bigger refund. It is a kind of savings program. |
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paj
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yes, if you actually have more than 0 at the end of the year |
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miltonday
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Yes it does but you are giving the goverment money to use "yours" and you don't get any interest. Why don't you claim the right amount and then take the difference and put that much in a savings/investment account, use to pay extra on high interest debt |
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