Quote:
Originally posted by cheapie
i'm gettin' PAYD!!!! this year. over 3k. and i already claim 6 deductions (is that what they're called?)
i tithe at church, got backpay last spring that had a ton of taxes pulled from it, had another kid, have 3 mortgages on 2 pieces of property, can deduct all of my snowboarding and mountain biking equipment and miles because i'm in the national ski and mountain bike patrol, and have some other charities that we've given to. oh yeah. poppa's gonna....sigh....put it toward the money we spend buying a van. sob.
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While it is always nice to receive a fat check from the IRS, it is actually better when you owe them money come tax time.
When you get money back at the end of the year, Uncle Sam has had the opportunity to make money on that money instead of you. Try planning out what you will pay in taxes at the beginning of the year and claim more deductions so you owe more come tax season. That way you can put that money to work for you during the year.
