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ok why is everybody getting so much money back from doing their taxes???

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Diane
Hope is Contagious....catch it

Member since 5/05

30683 total posts

Name:
D

Re: ok why is everybody getting so much money back from doing their taxes???

Posted by Beth1210

maybe they get more with held during the year?

I claim married 1 and got back less then $1K- BUT I get my money during the year and invest on my own

I am not loaning the government my money



same here...I claim 1, and NOT 0. I was always told the best thing to do its break even.

Posted 3/3/08 9:14 AM
 
Long Island Weddings
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MsMBV
:P

Member since 5/05

28602 total posts

Name:
Me

Re: ok why is everybody getting so much money back from doing their taxes???

Posted by vmystique33

Dh and I claim 0 so more is taken out in the year and then we get it back

we do too b/c it is too hard to determine what DHs commission will be & we have had to pay in the past. As much as I hate to "loan" the government money, I hate paying a lump sum even more.

He is in a new job where his commission is more predictable, so we are talking to our accountant about taking the extra money out of our checks directly into a savings account. That way if we have to pay at least we will have gained some interest on the money first.

Posted 3/3/08 9:18 AM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: ok why is everybody getting so much money back from doing their taxes???

for us it's the $35K that we pay in mortgage interest and property taxes that gets us money back.

I'll trade my tax refund for a decrease in that number

Message edited 3/3/2008 9:26:26 AM.

Posted 3/3/08 9:26 AM
 
Pages: 1 [2]
 

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