IRS REFUND

solpwr

Stock Brokers are not obligated to provide consolidated 1099's until end of February on taxable accounts. Until I get my 1099, I can't complete my return.

ThisisMiss

This was my first time having to file taxes and I was really surprised to get anything. I work freelance and money doesnt come out of my pay for taxes as I work on a temporary contract basis for my writing. I qualify for a ton of deductions, but since I don't pay anything out, I thought they could only equal it out to zero to pay at the most. I am hoping its not some kind of glitch because I already spent the money in my head for some driving lessons so I can get a real job!

Amberelise40

I efiled on the 29th and got it yesterday, the 6th. My boyfriend efiled the same day and still hasn't gotten it. It's so weird. We both did 1040EZ. He went through turbo tax, and I went through HR Block. He paid, I didn't. Ha.

UsedToBeHusky

Well I just checked again with the IRS. They moved the date up from 2/14 to 2/8 so hopefully I'll be good to go.

Kolohe71

I don't believe in loaning the govenment money interest free. Which is essentially what you are doing by overpaying on taxes and then receiving a refund. My goal every year is to owe money, and if I planned right it should be around $500.

UsedToBeHusky

I don't believe in loaning the govenment money interest free. Which is essentially what you are doing by overpaying on taxes and then receiving a refund. My goal every year is to owe money, and if I planned right it should be around $500.

You know it really depends on your circumstances. I paid in almost nothing, but I get earned income credit and I am a single mom with two kids so I'm getting back a lot. It just depends on your circumstances. I could easily claim exempt but then I don't receive any credits.

KPaden1221

we filed on feb 1st and had our last week... there was a delay.. but i think they have everything worked out now.. you should be getting it soon. you can track it.. and see when you should get it.. just google track my federal tax return

Bahet

I don't believe in loaning the govenment money interest free. Which is essentially what you are doing by overpaying on taxes and then receiving a refund. My goal every year is to owe money, and if I planned right it should be around $500.

I prefer a refund of about what we have taken out in Dec. It's an interest free loan but really only for a month or 2. It's not like you'd really make any interest if you kept it in the back for those months. Plus, if you owe more than $500 you are subject to interest and penalties. That's totally foolish to have to deal with.

Kolohe71

I don't believe in loaning the govenment money interest free. Which is essentially what you are doing by overpaying on taxes and then receiving a refund. My goal every year is to owe money, and if I planned right it should be around $500.

I prefer a refund of about what we have taken out in Dec. It's an interest free loan but really only for a month or 2. It's not like you'd really make any interest if you kept it in the back for those months. Plus, if you owe more than $500 you are subject to interest and penalties. That's totally foolish to have to deal with.

A (very) small refund would be acceptable. It's those that regularly get back $3K or more that need to re-evaluate what they're doing. $3000/12=$250 a month. Which can you put to better use? $250 in your pocket every month, or a windfall of $3000. If you prefer the $3000 windfall just send me $250 a month, every month, between Jan & Dec. I'll take that money, invest it, earn some income on it, and then return the whole ($3000) original amount (minus my earnings) too you in Mid March.

And, BTW, you only pay interest and penalties if you don't file (and pay) your taxes by April 15th.

UsedToBeHusky

Mine came today! Woohoo!!