Income tax return

Roverlady

Well-known member
Apr 20, 2004
7,825
0
45
Shenandoah valley
Of course it's your money. So why did you give it to the government in the first place? Are people really this clueless?

Yes! I would bet the majority of people see it as a gift from the government and not an overpayment.

I just prefer to get it back than write a big check every March.
 

MM3846

Well-known member
Feb 18, 2014
1,221
161
LI, NY
I want a hardtail 29. Been punishing my back on an old but upgraded to hell 16.5" hardrock... I need a 19-20" frame.
 

fishEH

Well-known member
Jan 26, 2009
6,929
203
Lake Villa, IL
Yes! I would bet the majority of people see it as a gift from the government and not an overpayment.

I just prefer to get it back than write a big check every March.

I have friends that would struggle all year; never had money for this and that, etc. Then they told me they got $8000 back last year! It wasn't until I asked "couldn't you use an extra $650 a month?" that it clicked for them.
 

varova87

Well-known member
Mar 21, 2006
3,558
0
Texas
Tax time always is a thorn in my side as we live out of the US.

The US is the only Country that makes one pay Fed taxes on foreign earned income.

Really annoying.

Hear ya. This will be my wife and I's first year filing jointly, so I have to figure that out as well as how to file differently due to living overseas.

Taxes are for the birds.
 

brian4d

Well-known member
Dec 3, 2007
6,499
67
High Point, NC
Of course it's your money. So why did you give it to the government in the first place? Are people really this clueless?

Dan, giving a tax free loan to the feds and state is never a good idea I agree. I've been trying for years (with the help of my CPA) to avoid this return but don't want to jump through hoops to do so. So far I've been unable to do this and still get a semi-small return every year. Point is, for some it's unavoidable or the process to avoid a return is simply not worth it. Everyone's situation is so unique and different you can't just lump everyone together and wonder why they didn't make adjustments for a break even situation.
 

Blueboy

Well-known member
Apr 20, 2004
3,212
462
Back in the USA; Rockwood, PA
Hear ya. This will be my wife and I's first year filing jointly, so I have to figure that out as well as how to file differently due to living overseas.

strongly suggest unless you know your way around the tax code you hire someone to prepare them.

it really is a horse of a different color when living out of the US.
 

varova87

Well-known member
Mar 21, 2006
3,558
0
Texas
strongly suggest unless you know your way around the tax code you hire someone to prepare them.

it really is a horse of a different color when living out of the US.

Yeah, considered that. I've been given a few recommendations so I think that's the route we will be going once all the papers are in and ready.