Originally posted by Viss1:
Originally posted by Sl33stak:
Screw you guys and the big returns $670 Federal here and I'm workin on the state right now.


Actually truth be told a big return means you're not managing your money as well as you could be... instead of lending it to the Feds interest-free, you should be breaking even at tax time. If you consistently get a big return, take more deductions and invest the "extra" from each paycheck into a savings plan.



Yay! Someone realizes that tax refunds are your money to begin with!

You actually have to TUNE your W2 form so that you would actually owe just a little bit (maybe $100). That way, you know that you got every dollar you earned, and where able to use it. You might as well be putting cash into a piggy bank, then smashing it open every March, April just to blow it. It's not free money, you actually earned it a long time ago and weren't paid for it. On top of that, you didn't get any interest while Uncle Sam held onto it. They made money off of YOU!

There are factors involved that you really couldn't claim on your W2, but it wouldn't be taken from your paycheck first.

I helped one relative realize about $700 worth of taxes because he wasn't being reimbursed for mileage on his truck for work. That, and he purchased a CNG/Gasoline truck, which got him a few hundred dollars also.

It's all about balance.


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