I got a tax refund

[manning]

Got out the turbo tax and did my taxes. Through out the year I have a set percent taken out for withholdings. Entered all I earned and with holdings from 1099xxx.

Hey, I got a refund coming...several thousand dollars. I double check. Hmm something wrong, the adjusted gross is too low.

There it is, I forgot to include an IRA withdrawal. OK enter it. Hey I still get a refund.....27 bucks. Darn!!!!

 

[BBandDisney]

TY for sharing.

 

[mm1971]

Got out the turbo tax and did my taxes. Through out the year I have a set percent taken out for withholdings. Entered all I earned and with holdings from 1099xxx.

Hey, I got a refund coming...several thousand dollars. I double check. Hmm something wrong, the adjusted gross is too low.

There it is, I forgot to include an IRA withdrawal. OK enter it. Hey I still get a refund.....27 bucks. Darn!!!!

Woo-Hoo! Dinner at McDonalds for the family.

It's better than paying them.

 

[wiigirl]

I would rather get $27 than have to pay $27.

 

[manning]

I would rather get $27 than have to pay $27.

I know, but it is a downer when you see it take a big drop.

This is simple. I'm in the process of filing taxes for a deceased relative and am using his 85 year old CPA. I don't know who is more confused, him or me. Thank god one of the young partners stepped in to help. Its gotten to a point where you need five degrees to figure out taxes.

 

[Jeff_G]

It would ideal to break completely even that way you have paid the exact correct amount of tax without giving the government an interest free loan all year.


The mischievous gremlin inside says even better would be to receive a $0.05 refund and request the refund by check.