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TopicSo jealous of people who get lots of money back from their taxes
streamofthesky
02/02/18 2:04:22 PM
#20:


HitomiKagewaki posted...
streamofthesky posted...
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...
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