Comments on: Tax Refunds: Free Loan to the Government or Forced Savings? http://www.BorrowFromNone.com/2009/03/tax-refunds-free-loan-to-the-government-or-forced-savings/ Blending simple and straightforward financial discussion with Biblical principles to assist normal people like us in being good stewards of our finances. This site includes tips for increasing income, reducing expenses, getting out of debt, saving, investing, and being content. Fri, 30 Jul 2010 11:16:59 -0600 http://wordpress.org/?v=abc hourly 1 By: Ryan @ IQ test http://www.BorrowFromNone.com/2009/03/tax-refunds-free-loan-to-the-government-or-forced-savings/comment-page-1/#comment-964 Ryan @ IQ test Thu, 21 Jan 2010 19:17:26 +0000 http://www.BorrowFromNone.com/?p=1371#comment-964 You kinow, I think that it is even worth having someone else do your taxes because the money is so important. Especially if you run your own business. You kinow, I think that it is even worth having someone else do your taxes because the money is so important. Especially if you run your own business.

]]> By: John http://www.BorrowFromNone.com/2009/03/tax-refunds-free-loan-to-the-government-or-forced-savings/comment-page-1/#comment-500 John Wed, 01 Apr 2009 03:15:06 +0000 http://www.BorrowFromNone.com/?p=1371#comment-500 @Travis - I can see how it is frustrating. It's always a nice feeling to get money back. Maybe it's not the greatest thing to be over-withholding and getting less take home pay throughout the year, but by tax time that's all in the past and I want some money right now! That's how I felt this year. I've already put my refunds into my emergency fund, though, so I am not treating it like I won a prize or something and blowing it on something I don't need. @GHolmes - Financially speaking that does make the most sense, at the same time, it's still hard to write a big check each spring and I can see why it would stress your wife out! @Travis – I can see how it is frustrating. It’s always a nice feeling to get money back. Maybe it’s not the greatest thing to be over-withholding and getting less take home pay throughout the year, but by tax time that’s all in the past and I want some money right now! That’s how I felt this year. I’ve already put my refunds into my emergency fund, though, so I am not treating it like I won a prize or something and blowing it on something I don’t need.

@GHolmes – Financially speaking that does make the most sense, at the same time, it’s still hard to write a big check each spring and I can see why it would stress your wife out!

]]> By: Gholmes http://www.BorrowFromNone.com/2009/03/tax-refunds-free-loan-to-the-government-or-forced-savings/comment-page-1/#comment-479 Gholmes Wed, 25 Mar 2009 12:17:55 +0000 http://www.BorrowFromNone.com/?p=1371#comment-479 Wife likes refunds and I hate them. My goal is to have to pay the maximum with out incurring a pentalty. However that stresses her out so we compromise. Around September plug your year to date numbers in your tax program and see how close your are. Wife likes refunds and I hate them. My goal is to have to pay the maximum with out incurring a pentalty. However that stresses her out so we compromise. Around September plug your year to date numbers in your tax program and see how close your are.

]]> By: Trevor @ Financial Nut http://www.BorrowFromNone.com/2009/03/tax-refunds-free-loan-to-the-government-or-forced-savings/comment-page-1/#comment-460 Trevor @ Financial Nut Thu, 19 Mar 2009 00:58:12 +0000 http://www.BorrowFromNone.com/?p=1371#comment-460 You're right- that tax refund IS your money after all! I use Turbo tax myself, and it works well for me. <abbr><em>Trevor @ Financial Nut´s latest blog post...<a href="http://www.financialnut.com/googles-tip-jar-a-fun-new-tool-imparting-personal-finance-tips/" rel="nofollow">Google’s Tip Jar: A Fun New Tool Imparting Personal Finance Tips</a></abbr></em> You’re right- that tax refund IS your money after all! I use Turbo tax myself, and it works well for me.

Trevor @ Financial Nut´s latest blog post…Google’s Tip Jar: A Fun New Tool Imparting Personal Finance Tips

]]> By: Travis @ CMM http://www.BorrowFromNone.com/2009/03/tax-refunds-free-loan-to-the-government-or-forced-savings/comment-page-1/#comment-457 Travis @ CMM Tue, 17 Mar 2009 20:26:00 +0000 http://www.BorrowFromNone.com/?p=1371#comment-457 I used Turbotax last year and I think we ended up getting back a couple hundred dollars. I felt pretty good knowing we kept it pretty close. However this year I claimed 2 and my wife claimed 0 and Turbotax has us owing around $900. While we have the money to cover it, I'm not thrilled about it. I'm planning on going to a tax expert to see if he can help. On a side not, its hard not to be envious of all those people getting thousands of dollars back. I realize it's there money, but it's still hard to hear. I used Turbotax last year and I think we ended up getting back a couple hundred dollars. I felt pretty good knowing we kept it pretty close. However this year I claimed 2 and my wife claimed 0 and Turbotax has us owing around $900. While we have the money to cover it, I’m not thrilled about it. I’m planning on going to a tax expert to see if he can help.

On a side not, its hard not to be envious of all those people getting thousands of dollars back. I realize it’s there money, but it’s still hard to hear.

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