I don’t want a refund from the Massah. That means they got an interest-free loan all year.
An IRS refund is the stuff of dreams.
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. 😁🤔👍
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.
Refund?
What the heck is a ‘refund’?
Last time I hear from the IRS they wanted more money.
With interest!..................
We need a Constitutional amendment setting election day as the first Tuesday following tax filing day.
Refund? Try paying quarterly tax “estimates” before you’ve even earned the money.
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.
the IRS will charge a penalty of 0.5 percent of the tax owed per month, which is capped at 25 percent.
Over 80 million a-holes got exactly what they voted for.
I can’t remember the last time that we got a “refund”.
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.
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.
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.
I would keep my whole check for 9 months and have taxes taken out the last 3 months.
“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”.
Nothing symbolizes the slave/master mentality that too many Americans have toward government than this reliance on this "refund". Dummies, that's your money your government overlords are giving back to you at no interest to them. If you learn to manage your finances better throughout the year, you don't need to rely on this refund like every year like a baby bird with its maw agape waiting impatiently for the next worm.
We need to abolish the federal income tax.
USA got along just fine for two hundred years without it.
The IRS doesn't control the refund nearly as much as the individual taxpayer does. There are multiple factors that are in play:
Gibmedats are getting less in freebies
Incomes could be down
Taxpayers could have adjusted their withholdings
Tax cheats could be a little more scared
Tax laws have changed
The scariest part is that people who get large refunds, after filing, have over withheld estimated taxes. It always has been their money, they just made it unavailable to themselves and made a free loan to the government for the tax year.
After screwing up on processing tax returns and blaming it on COVID, maybe people are adjusting their withholdings, so the IRS doesn’t have same chance to irresponsibly hold onto money?