Happy Tax Day, America!

[Zkribbler]

Well, I'm off to mail in my tax forms...a full 27 hours early. No waiting until the last minute for me.

[Chilean President™]

this thread remind me that we are in 'Tax Week' here..

Ming, with your powers, can you ban the taxes all over the world?? Please!

[KrazyHorse]

Ha ha. In Canada, tax day is on April 30th. I filed mine at the beginning of Febrary and collected a big fat refund cheque by March.

[MRT144]

i finished mine in january as soon as i got my W2

[Boris Godunov]

April 15th is such a loathesome day in history. Lincoln died, the Titanic sank, and now tax day. Oy.

[MRT144]

april in general is a bad month

[Boris Godunov]

Nah, I've already gotten laid several times this month...

[MRT144]

my point exactly

[Bosh]

yay! I love tax day! glorious glorious refund checks!

[Chilean President™]

I agree with you MRT, april sucks... by every single reason

[Imran Siddiqui]

You wonder if the Soothsayer in Julius Caesar got it wrong. Perhaps he should have restated it:

'Beware the Ides of April'

[DinoDoc]

Originally posted by Boshko
yay! I love tax day! glorious glorious refund checks!

I never understood why people were so happy to get a refund check. How many other times would you be content to wait weeks for a company to give you back your money when they overcharged you?

[kring]

Originally posted by DinoDoc
I never understood why people were so happy to get a refund check. How many other times would you be content to wait weeks for a company to give you back your money when they overcharged you?

It is also an interest free loan to the company.

Frequently, but not always, such overcharging is voluntary on the part of the taxpayer, at least the ones that have a predictable yearly income. The person feels that they can't save it on their own.

Personally, we strive for a small refund/overpayment (less than $100 US) most of the time. We put the extra amount into a Christmas Club account at the bank and draw interest off it instead of giving it to the govt for free. This way we can't touch the money, and it earns interest. The Christmas Club account can be used to pay the taxes if we underpaid and would owe taxes.

It has been harder to guess our tax bill this last year because of a few variables; mainly deductible educational expenses that are change each semester and a job that has different hours each week. I check earnings/taxes withheld/expected tax bill several times during the year to help determine how we are doing and will change our W4s if we need to.