We filed ours 3 weeks ago. I always claim 0 on my work forms so I can avoid paying at the end of the year. I haven't heard any word on ours other than the initial message we got which was " Returns have been slowed due to the Government Shut Down "
So you would raather pay the govenrment too much 26 or 52 times a year (depending on paycheck frequency) to avoid paying them 1 time a year?
^^ 1%er
Not in income I assure you...but reading through some of the responses Im wondering about in sanity.
Anyone who is getting a refund ask yourself this question.
Did you pay 1 penny in interest last year on a credit card, store charge card, heck even a house, car, boat, atv payment?
If so you balled money up and threw it away. You gave the government money at 0% interest for a year while you paid a bank.
Years ago the wife and I used to be involved with financial counseling deal through our church (it was similar to the Dave Ramsey FPU but was not his class) and we would council couples. At the time we were 25 and we were "Advising" folks in their 50s.
I'll never forget a man and woman crying..literally tears running down their face when they said we HAVE to sell our house we cant afford it. We looked at their budget and they didnt have a penny to spare. Their house payment was small, like $350/month small. Then the husband startign relaying that last year he was 9 months behind but was "blessed to be able to catch up when his $12,000 tax return check came back"...Once I got him to realize he had paid the government $1,000 per month he didnt need to and by changing those numbers he'd have $1,000 extra in his budget every month his whole outlook changed. Hell he was paying 2.5 house payments to the government every month.
I still see that guy at the local diner about once a month and to this day every time he sneaks up tot he waitress and grabs my breakfast tab. I stopped him and asked him why and he explained that they started keeping their tax returns and paid their house off in like 3 years...the savings were enough to allow his wife to quit work (she was beyond retirement but otherwise couldnt afford to)
Heck if anyone really wants to give interest free loans away, I will gladly offer 1%. Just send me a check every month, Ill pay you bacck in march +1%...you will be ahead...