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Author: are you that stupid...   Date: 2/9/2019 12:42:46 PM  +27/-0   Show Orig. Msg (this window) Or  In New Window

what in the world does the size of the refund (if any) check have to do with your tax bill.  A refund is given if your withholding was more than the taxes (haven't seen one in 30 years) that you owe.


Ideally you withholding would cover the taxes exactly and you would receive no refund.  A refund check means that the IRS had your money all year, interest free.


Compare the taxes that you paid, not the withholding, and see if you actually paid more or less tax on a similar amount of income.


This is pretty basic stuff guys.  Would you regularly overpay for your groceries and then have Walmart send you a check for the difference once a year?


 

 
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So much for +17/-32 the tax cut. 2/9/2019 11:50:55 AM