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The 7 - One Question... - Are you getting a Tax Refund?
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ScreamingHeadGuy
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#21 Posted on 31.1.06 1956.54
Reposted on: 31.1.13 1958.48
Yes, I'll be getting a nice chunk of change back (about half a paycheck's worth).

I actually had to do the AMT worksheet this time around. Looks like I'll have to jack-up the amount I put into my SIMPLE for this year (or buy a house - I've been meaning to get around to that one of these years).

R-Dub
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#22 Posted on 2.2.06 1538.01
Reposted on: 2.2.13 1538.09
    Originally posted by AWArulz
      Originally posted by The Goon
      Is it common for you all to start your taxes so early? The due date is April 15, isn't it?



    I got my W2s like the 8th of January - but I have a stock market account and haven't got the 1099 from that yet.

    If you owe, you wait until April 15, but if you have a refund, doesn't it make sense to file early? I won't know until Ameriprise gets off their ass and sends me some data.


JAN 8th?!!! Who do you work for? I think our company hires people to stand outside my house and drop off my W-2 at 11:59 PM on 1/31. You are very fortunate.
Kevintripod
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#23 Posted on 2.2.06 1830.17
Reposted on: 2.2.13 1830.34
    Originally posted by R-Dub
    JAN 8th?!!! Who do you work for? I think our company hires people to stand outside my house and drop off my W-2 at 11:59 PM on 1/31. You are very fortunate.



And I thought I was the only one that happened to. During my whole working lifetime I don't recall ever receiving my W-2 until practically the last mailing day in January.
StaggerLee
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#24 Posted on 2.2.06 2233.19
Reposted on: 2.2.13 2234.15
I dont mind giving the government an interest free loan, especially one that is barely ten bucks a month (in my case). I mean, the interstate I drive on every day is paved and in good shape, I havent been taken hostage by evil people from vicious armies, and, my water and food is reletively safe to drink. So, for ten bucks a month, I think I get my money's worth.
Guru Zim
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#25 Posted on 3.2.06 2039.29
Reposted on: 3.2.13 2039.37
My last employer used a service for their W2s, and you could download them in PDF on the 6th of the month. Pretty snazzy. I DL'd my 2005 from them on the 8th of this year.

Unfortunately, my new employer uses carrier pigeons. Either that, or the USPS. My landlord told me that he had it on the 2nd, but I suspect he had been sitting on it for a few days.
bash91
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#26 Posted on 3.2.06 2240.55
Reposted on: 3.2.13 2241.08
As an aside, e-filing, direct deposit, and early filing equals really quick refunds. Our refund showed up in our account today, 7 days after we filed our federal taxes.

Tim
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#27 Posted on 4.2.06 1941.32
Reposted on: 4.2.13 1941.32
Yes, big refund, like three former paycheques worth, despite not working since May of last year (having quit to become a full-time student).

I normally claim the maximum possible for federal and state, plus an extra $50 to get a nice chunk of change from Uncle Sam. Last year, knowing that I would need money now much more than I did then, I had the foresight to have them hold an extra $100/week for my five months of work.
jwrestle
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#28 Posted on 4.2.06 2027.46
Reposted on: 4.2.13 2027.59
Yes, probably.
pieman
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#29 Posted on 13.2.06 1015.06
Reposted on: 13.2.13 1015.17
I had to resurrect this thread after completing my taxes yesterday and ask forgiveness.

In 2004, we inherited a bunch of money and had to pay approximately $5,000 back to the government.

So, for 2005, I didn't change anything for withholding, assuming it would all work out correctly this year since we didn't inherit anything. Turns out, we're getting a refund of about $2,600. I will apologize to all the folks in this thread that I said were not wise to give the government an interest-free loan, seeing as I did the exact same thing.



JayJayDean
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#30 Posted on 13.2.06 1022.13
Reposted on: 13.2.13 1022.47
    Originally posted by pieman
    I will apologize to all the folks in this thread that I said were not wise to give the government an interest-free loan, seeing as I did the exact same thing.


Well, it's not like you did it on purpose, like some of us.

    Originally posted by JayJayDean
    We'll probably get $6000 back or so.


I just did the taxes last night, and we're getting back $5910, so I was close.

TheBucsFan
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#31 Posted on 13.2.06 1032.13
Reposted on: 13.2.13 1032.35
I just e-filed this weekend, and am now awaiting $1655 from the federal government. It's the third straight year I've had zero tax liability (somehow, my second year in college, I OWED money). It's going to suck whenever I'm out of school and make more than exactly enough to pay my tuition, rent and books costs, however.
Freeway
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#32 Posted on 15.2.06 0045.21
Reposted on: 15.2.13 0046.11
Like The Goon, I also got a nice spiffy $400 cheque just for living in a good place.

I also got an $86 cheque for a GST rebate.

Life is good in Canada.
kwik
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#33 Posted on 15.2.06 0912.11
Reposted on: 15.2.13 0912.22
I'm getting almost 700 back from the Feds, and a whopping 65 back from the great state of New York (which, incidentally, is the most I've EVER gotten back from NY. Not saying much at 25, I know, but last year was the first year I even had a state refund to look forward to.).

Probably going to use some of it to get a PS2, or an X-Box, and sell my Game Cube somewhere, and I'll try and save the rest.
TheBucsFan
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#34 Posted on 10.3.08 1024.33
Reposted on: 10.3.15 1029.02
The $750 refund I collected this year goes a lot farther in Cambodia than it would have if I still lived in San Francisco.
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