Income Tax Refunds

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JohnDB

Well-known member
Jan 16, 2021
6,278
2,556
113
#1
Are you getting one?
Have you already gotten it?
What are you going to do with the money?
 

Lynx

Folksy yet erudite
Aug 13, 2014
27,688
9,621
113
#2
That has done come and gone. Wasn't much though.

Between March and September of last year I didn't pay anything in federal income tax, due to a persistent misunderstanding between me and the home office for our group of stores. So this year when I got my W2 form, instead of doing my own simple taxes I took it to the local H&R Block.

Apparently I'm not alone, as the H&R Block person had many disparaging things to say about the tax problems he was getting from my coworkers.

So I only got less than $250, and it paid part of my motel cost during my vacation.

No worries though. A larger refund just means the government held a larger amount of your money last year as an interest free loan.
 

seoulsearch

OutWrite Trouble
May 23, 2009
16,682
5,596
113
#3
Are you getting one?
Have you already gotten it?
What are you going to do with the😬 money?
I'm used to paying in, but last year I paid out the nose and through both feet (got pushed into a higher tax bracket.)

I'm thankful I got some of it back (I was worried I owed even more,) but it's going to get set aside.

Can you guess what for?

Why, this year's taxes, of course! 😬
 

JohnDB

Well-known member
Jan 16, 2021
6,278
2,556
113
#4
That has done come and gone. Wasn't much though.

Between March and September of last year I didn't pay anything in federal income tax, due to a persistent misunderstanding between me and the home office for our group of stores. So this year when I got my W2 form, instead of doing my own simple taxes I took it to the local H&R Block.

Apparently I'm not alone, as the H&R Block person had many disparaging things to say about the tax problems he was getting from my coworkers.

So I only got less than $250, and it paid part of my motel cost during my vacation.

No worries though. A larger refund just means the government held a larger amount of your money last year as an interest free loan.
Yeah....
Most small businesses and even mid sized companies use a payroll service company that takes care of payroll and employee tax payments. Almost all of them have errors within their systems that overpay employees or underpay taxes or some other sort of error. (They really need some better quality control)

Sorry to hear about your woes.
The company we hired to do ours for the bakery must be using the same software or something similar as mine cost us refund money this year.

Wife and I was thinking of buying a zero turn lawnmower with the money from ours. Well actually, paying off some moving expenses debts and then using the rest as a start towards saving to purchase one. (We have an open and active hostility towards any sort of consumer debt....my wife used to not have such a hostility but she's changed over the years and seen how it really is a better life without the debt)

But I was looking at getting a new Zero Turn lawnmower. One like this:
 

JohnDB

Well-known member
Jan 16, 2021
6,278
2,556
113
#5
I'm used to paying in, but last year I paid out the nose and through both feet (got pushed into a higher tax bracket.)

I'm thankful I got some of it back (I was worried I owed even more,) but it's going to get set aside.

Can you guess what for?

Why, this year's taxes, of course! 😬
I've had those years I had to pay....I hated writing that check. It's usually a big one and I hate what I bought with that money.

However, usually the taxes on a house are tax deductible as well as the interest on the mortgage....at least it used to be.

It's like the mileage to and from work...tax deductible but only if you do your taxes yourself. H&R will charge you too much for the paperwork.
 

seoulsearch

OutWrite Trouble
May 23, 2009
16,682
5,596
113
#6
But I was looking at getting a new Zero Turn lawnmower. One like this:


With such a sleek look and a name like "Raptor Hustler," I fully expect that thing to be a full-blown Transformer. :D








 

JohnDB

Well-known member
Jan 16, 2021
6,278
2,556
113
#7
With such a sleek look and a name like "Raptor Hustler," I fully expect that thing to be a full-blown Transformer. :D








If only....
And these things cost as much as we paid for my wife's car.
Then there's the accessories like a tow package and light kit and roll bar (sun shade mount) and bagger systems and mulching blades....and many many more.

It also can enter the lawnmower races as it goes really fast on the lawn...these things aren't for those without steel nerves and steady hands. A whole 9 mph when at full throttle. With zero turn radius. No automatic putty knife to scrape you off the fairing though....no fairing....but I heard you can get that as an aftermarket accessory.
 

Lynx

Folksy yet erudite
Aug 13, 2014
27,688
9,621
113
#8
Yeah....
Most small businesses and even mid sized companies use a payroll service company that takes care of payroll and employee tax payments. Almost all of them have errors within their systems that overpay employees or underpay taxes or some other sort of error. (They really need some better quality control)

Sorry to hear about your woes.
The company we hired to do ours for the bakery must be using the same software or something similar as mine cost us refund money this year.

Wife and I was thinking of buying a zero turn lawnmower with the money from ours. Well actually, paying off some moving expenses debts and then using the rest as a start towards saving to purchase one. (We have an open and active hostility towards any sort of consumer debt....my wife used to not have such a hostility but she's changed over the years and seen how it really is a better life without the debt)

But I was looking at getting a new Zero Turn lawnmower. One like this:
I have seen a hilarious sight. Grown men buying these for little rinky-dink yards that could be knocked out in 1.5 hours with a push mower.

I mean... It's their money, they can do what they want. But it seems like such a waste.

And for guys who have yards big enough to make those mowers feasible, why are they not planting fruit trees? They could be getting peaches, pears, apples and figs from all that land.

Do you know what I would give for a good fresh fig right now?
 

Karlon

Well-known member
Mar 8, 2023
2,697
1,234
113
#9
tax payments & refunds. hhhmmmmm! if you all knew what i know about taxes, mismanagement of your money, the government's fraud & flagrancy, lies & double standard, you would try not to pay.
 

JohnDB

Well-known member
Jan 16, 2021
6,278
2,556
113
#10
I have seen a hilarious sight. Grown men buying these for little rinky-dink yards that could be knocked out in 1.5 hours with a push mower.

I mean... It's their money, they can do what they want. But it seems like such a waste.

And for guys who have yards big enough to make those mowers feasible, why are they not planting fruit trees? They could be getting peaches, pears, apples and figs from all that land.

Do you know what I would give for a good fresh fig right now?
The fruit trees get planted in the Fall. I am planning on some white peaches or a similar substitute and probably some plums....maybe apricots. Maybe Christmas cherries (kinda warm here)
Then somewhere along the line either some champagne Grapes or just some concord Grapes with an arboretum. I was considering using a spiel on the maple tree in the front yard as well.

With the 7 pecan trees I will have a fruit and nut farm. Where everyone is a nut or fruit. But that's why on my 1.2 acres I need a zero turn lawnmower. It's not like a tractor that needs a huge space to make turns....I need no space at all. Very little weedeater time to get everything cleaned up. And I especially need the lawn so that the pecans are more easily gathered up in the Fall.

I might need a castor bean plant or two. Castor bean shrubs ward off moles and gophers. They are messy bushes but necessary....I got critters everywhere here. Deer, groundhogs, raccoons, armadillo and possums....and of course skunks, cats, and squirrels.
 

JohnDB

Well-known member
Jan 16, 2021
6,278
2,556
113
#11
tax payments & refunds. hhhmmmmm! if you all knew what i know about taxes, mismanagement of your money, the government's fraud & flagrancy, lies & double standard, you would try not to pay.
Well, considering how much tax money was fought over during the revolutionary War....I definitely would want to go back to being a vassal state under GB again and apologize. (It was just 10%)

If only that was all we had to pay....
 

Lynx

Folksy yet erudite
Aug 13, 2014
27,688
9,621
113
#12
The fruit trees get planted in the Fall. I am planning on some white peaches or a similar substitute and probably some plums....maybe apricots. Maybe Christmas cherries (kinda warm here)
Then somewhere along the line either some champagne Grapes or just some concord Grapes with an arboretum. I was considering using a spiel on the maple tree in the front yard as well.

With the 7 pecan trees I will have a fruit and nut farm. Where everyone is a nut or fruit. But that's why on my 1.2 acres I need a zero turn lawnmower. It's not like a tractor that needs a huge space to make turns....I need no space at all. Very little weedeater time to get everything cleaned up. And I especially need the lawn so that the pecans are more easily gathered up in the Fall.

I might need a castor bean plant or two. Castor bean shrubs ward off moles and gophers. They are messy bushes but necessary....I got critters everywhere here. Deer, groundhogs, raccoons, armadillo and possums....and of course skunks, cats, and squirrels.
Sounds good.

But... No muscadines? No scupperdines?
 

Billyd

Senior Member
May 8, 2014
5,245
1,660
113
#13
All I can say is double and triple check your entries. If you make an error in your favor, it will take four to six months to get your amended return processed.
 

Lanolin

Well-known member
Dec 15, 2018
23,460
7,188
113
#15
I have no sympathy lol

if you want to buy a lawnmowing toy go ahead.
Tax refunds just tend to go on cost of living since everything has gone up anyway. Like petrol. lol
 
G

Gojira

Guest
#16
I should have something when all's said and done. I think some of that money may go to a stargazing binocular rig, which'll cost somewhere between US$1,000 and US$1,500.