They were giving the government an interest-free loan on that amount throughout the prior year. They're the suckers, you did well.
I usually end up owing a lot and yeah it sucks, but better to have had it accruing bank interest at least. Though a significant amount of what I owe is from bank interest since that's added in last, and then taxed massively itself since the standard deduction and lowest tier of the tax range are gone by then....
How much interest did you make? I seriously doubt it exceeds inflation. I never did understand the premise or mentality of owing the IRS money, just boggles my mind.
0.5%, roughly
Not much, but more than $0. Besides, owing some money means identity thieves can't file a fake return in my name and get money.
Troll_Police_ posted...
soon to be getting a return instead of paying in for the first time in years
thanks trump
If by "soon" you mean in 12 months. Filing now is for last year's taxes...
yeah... thats exactly what i mean. i already filed this year. who the fuck hasnt? ---
Is this going to be one of those times when you pretend not to have a plan until the last moment? And then turn out to really not have one?