The IRS will begin accepting Federal Tax Returns today

gtj1982

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America's Darkside--210


Most people are getting refunds but what them mean is they are getting credits. Lower income people get back more than they pay in.

I might actually get a refund this year because I didn’t realize my W4 was still under the old model and once I changed it in December my take home pay went up by $400 per month.
 

Prodyson

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I already have my money budgeted out from play money to savings and investments, so any extra money I would have gotten in my paycheck would have probably just sat in my checking account. I’d rather just overpay a little and get a few hundred back than end up having to pay a few hundred or a couple thousand like a random bill. The couple times I had to do that it pissed me off so I just changed my exemptions to make sure I wouldn’t owe anything.

Furthermore, even if you would have gotten that money upfront THIS TAX YEAR and invested it, you probably would be in the red considering how terribly the market has been performing. So people should probably skip this year acting like financial advisors cause they know how to use TurboTax.
 

Sad Bunny

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I already have my money budgeted out from play money to savings and investments, so any extra money I would have gotten in my paycheck would have probably just sat in my checking account. I’d rather just overpay a little and get a few hundred back than end up having to pay a few hundred or a couple thousand like a random bill. The couple times I had to do that it pissed me off so I just changed my exemptions to make sure I wouldn’t owe anything.

Furthermore, even if you would have gotten that money upfront THIS TAX YEAR and invested it, you probably would be in the red considering how terribly the market has been performing. So people should probably skip this year acting like financial advisors cause they know how to use TurboTax.
No, this is the best time to buy into the market. Cheap stocks and we will eat once we are in a bull market :banderas:
 

Afro

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I've read tax returns will be lower than previous years so some cats might be disappointed.
If I remember correctly, it was because of something that Trump did right?

We got more money back last year or the year before, but now Uncle Sam coming back to collect what he missed.
 

Son Goku

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Filed mine yesterday. :takedat:

Won’t be getting shyt back, as per usual. :mjcry:


Edit: Filed on the 22nd, got the refund on the 30th. :wow:
 
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