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View Poll Results: Have you filed your tax returns yet?
Of course! I finished them as soon as I got my W-2. Why wait? 10 40.00%
Yes, but someone else does them for me, so I don’t have to worry about timeliness. 6 24.00%
Hell no! I’ll be damned if I’ll give the Government my money one second before I have to. 1 4.00%
Of course not, I’m a lazy slug. 6 24.00%
Taxes? We don’t need no stinkin’ taxes! 2 8.00%
Voters: 25. You may not vote on this poll

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Old 04-14-2009, 04:38 PM   #1
SteveDallas
Your Bartender
 
Join Date: Jan 2002
Location: Philly Burbs, PA
Posts: 7,651
Quote:
Originally Posted by Stress Puppy View Post
Do you have kids? Everyone I know that has kids gets these thousand dollar returns.
Current tax law gives a $1,000 credit--that's a CREDIT against the tax you owe, not a deduction against your income--per child.

If it makes you feel better, "our" refund disappeared thanks to Mrs. Dallas having an unexpected bounty of freelance work with hardly any writeoffs against it. We hadn't really planned for it, so the bill's a bit of a surprise, though we're much better off having gotten the income than not (duh).

WTF moment: As a result, we should have, if we had paid more attention, paid estimated taxes to the state of PA. Not a huge amount--$33 per quarter--but nonetheless we did not pay. Therefore we are being assessed $5 extra in interest.
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