Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

IRS Pays $23 Billion Less in Tax Refunds for 2023 Filing Season, Worrying Americans
The Epoch Times ^ | April 20, 2023 | Navee Athrappully

Posted on 04/24/2023 7:22:49 AM PDT by Twotone

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-49 next last

1 posted on 04/24/2023 7:22:49 AM PDT by Twotone
[ Post Reply | Private Reply | View Replies]

To: Twotone

I donโ€™t want a refund from the Massah. That means they got an interest-free loan all year.


2 posted on 04/24/2023 7:24:57 AM PDT by crusty old prospector
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

An IRS refund is the stuff of dreams.


3 posted on 04/24/2023 7:26:31 AM PDT by yetidog
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

Well, we weren’t getting much back and when it did show up, the IRS decided the VA needed it more than I did for medical bills I was paying on. 96% went to them. And, yes it is legal for them to do that. Guess no eggs this week. ๐Ÿ˜๐Ÿค”๐Ÿ‘


4 posted on 04/24/2023 7:27:10 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? ๐Ÿ˜•)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

Either people who make money made a lot more money than they thought or tax credits are far fewer and people are feeling the real tax burden of the USA.

Which is more correct.


5 posted on 04/24/2023 7:27:23 AM PDT by Bayard
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

Refund?

What the heck is a ‘refund’?

Last time I hear from the IRS they wanted more money.
With interest!..................


6 posted on 04/24/2023 7:27:23 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: crusty old prospector

Last two years theyโ€™ve sent me $1. Souvenirs.


7 posted on 04/24/2023 7:28:39 AM PDT by avenir ("They sang His praise...they soon forgot His works")
[ Post Reply | Private Reply | To 2 | View Replies]

To: Twotone

We need a Constitutional amendment setting election day as the first Tuesday following tax filing day.


8 posted on 04/24/2023 7:29:19 AM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

Refund? Try paying quarterly tax “estimates” before you’ve even earned the money.


9 posted on 04/24/2023 7:29:30 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

Anyone that plans for a refund from the IRS is a financial mental midget. It makes zero cents (sic) to give the government an interest free loan.


10 posted on 04/24/2023 7:30:42 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
[ Post Reply | Private Reply | To 1 | View Replies]

To: crusty old prospector

There are people who will adjust their W-4 to have as much as possible withheld so that they can maximize their refund.


11 posted on 04/24/2023 7:31:03 AM PDT by SamAdams76 (5,016,040 Truth | 87,429,920 Twitter)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Twotone

the IRS will charge a penalty of 0.5 percent of the tax owed per month, which is capped at 25 percent.


why?


12 posted on 04/24/2023 7:32:37 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

Over 80 million a-holes got exactly what they voted for.


13 posted on 04/24/2023 7:35:56 AM PDT by Chauncey Gardiner (Vivamus stultus ignarus moriย )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

I can’t remember the last time that we got a “refund”.


14 posted on 04/24/2023 7:36:23 AM PDT by gop4lyf (Gay marriage is neither. Democrats are the party of sore losers and pedophiles.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

Duh, that’s simple.

The child tax credit decreased from $3,600 or $3,000 to $2,000.

At the same time, the IRS Changed the withholding tables to make people were mak8ng more money.

The new w-4 forms suck. This is where you tell your employer what to withhold.


15 posted on 04/24/2023 7:37:25 AM PDT by tired&retired (Blessings )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

I haven’t gotten a refund in many years. They’ll get the money when I’m legally required to pay it, and not a moment before.


16 posted on 04/24/2023 7:39:09 AM PDT by oblomov
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

The function of the IRS is to tax and take as much from Americans as possible.

Now, with a democrat president and a complicit congress, the IRS is doubling down on taking and keeping Americans’ money.

What the heck do people expect when democrats want 87,000 more IRS agents? Hmmm.. take your pick: for giving money back to Americans, or for taking more from Americans?

The idea is to tax higher, and to tax everyone in sight and everything in sight.

To get their dream target of 90% taxation minimum, it means taking just about everything that Americans own.

Look for the IRS to be looking into all bank accounts and all investments and then, appropriating at least half of what Americans worked so hard for. It’s already started, with taxing of estimated stock earnings, which may or may not be realized,and which in reality, don’t even exist.

Democrats aren’t done yer, and their magic number of 90% taxation, will be achieved if Americans allow them to keep control.. Let’s face it, democrats have not been the democratic party of old, and they’ve become full-blown socialists, on the verge of going full communist.


17 posted on 04/24/2023 7:39:21 AM PDT by adorno
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

I would keep my whole check for 9 months and have taxes taken out the last 3 months.


18 posted on 04/24/2023 7:42:12 AM PDT by roving (๐Ÿ‘Œโš“)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Twotone

“Refunds” are less because the government lowered tax rates for the “working poor”, and the related amounts for tax withholding at the lower end of the income scale. Low wage, part time employees often end up with zero withholding liability. No pay, no “refund”.


19 posted on 04/24/2023 7:43:26 AM PDT by Chewbarkah
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sgt_Schultze
We need a Constitutional amendment setting election day as the first Tuesday following tax filing day.

That's half of it.

The other half is to get rid of with holding and everybody pay with a check, money order or cash just before they vote.

20 posted on 04/24/2023 7:45:32 AM PDT by Mogger
[ Post Reply | Private Reply | To 8 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-49 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson