Tax Day: Are you paying or getting a refund?

[AngryAmish]

First time in years I get a refund. I'm self-employed so I try to underpay and cut a check today...but I overpaid one quarter so I gave the government a loan for six months.

HOWEVER, a check back seems like free money. So I totally have to blow it on something stupid.

[hobbit709]

1. for the first time in 15 years, I had to pay.

[Moondog]

25. Refund? What is this refund of which you speak?

[kentauros]

2. I'm supposed to be getting a refund,

though it's not much.

Isn't there an IRS site to track your paperwork or refund?

[RebelOne]

18. Yes, just go to http://www.irs.gov and then

click on Where's My Refund.

[kentauros]

19. I knew it was something like that.

Thanks!

:hi:

[DURHAM D]

3. Paying -

and like every year - paying more to the State than the Feds.

[brooklynite]

4. $75 K owed.....

We're the top 1% and we pay our taxes.

[Bill McBlueState]

6. I think the OP means "paying by sending a check with your return"

It's a little ambiguous, though.

One thing's for certain; the IRS will *not* like it if you enter $75,000 on line 76 of the 1040!

[brooklynite]

16. That's what -I- meant too...

Our total tax owed (offset by withholding and estimated tax payments) was somewhat higher.....

[MorningGlow]

5. Already got refunds from both federal and state

Money is squirreled away in a savings account and we're trying desperately not to spend it (car repairs this week will be $$$ x( ).

[closeupready]

7. got small refunds, smaller than usual this year.

Still, it was a nice little extra bunch of money. :)

[Oceansaway]

8. got mine already...paid off

my FINAL credit card...it felt great !

[kentuck]

9. Paying...

a few hundred bucks. Expected a refund, though.

[ParkieDem]

10. Got a refund ...

Something like $5k. Still, I'm pissed. That's like loaning $5,000 to the government interest-free over the course of the year.

[FSogol]

11. Nine Dollar Refund! Think I'll invest it in Pale Ale. n/t

[FirstLight]

12. neither - though i 'should' get over $2000 in EIC

Student loans in default cuz of unemployment, no deferrment left, so they take my tax refund and put it towards my debt. What sucks is that it Earned Income Credit...if i am poor enough to qualify for that, shouldn;t i get it? you think I might need it more ...?

fuckers. I am filing late because i could give a shit if they get their 'payment' or not. wish i could just ignore them...

[Bill McBlueState]

13. I'm getting a federal refund of $70.

I owed the state exactly $1, but they say not to bother with amounts less than or equal to $1.00.

My wife and I set up our W4s to roughly break even at tax time. I don't see much value in getting a refund, thus letting the government keep our money all year interest-free.

[solara]

14. For the first time in years I am gettng a refund! eom

[Autumn]

15. Paid. n/t

[RebelOne]

17. For the first time in many years (I don't remember how

long it's been), I am receiving a refund of $965 in federal and $662 from the state. I e-filed through Tax Act and just hope there is no mistake. Last year I had to pay $800. It must be because I retired (forced by layoff) in 2010. I received $10,000 in severance pay, and I have been getting social security and unemployment. I guess being in a lower income bracket pays off sometimes.

[ekelly]

20. Getting a refund - first time in years! n/t

[Wolf Frankula]

21. Paying

800 dollars more than GE, on an income 1/300,000th as large

[Uben]

22. I'm not paying taxes anymore

I'm officially changing my name to GE so I won't have to!

[Habibi]

23. We got refunds, strangely.

Both self-employed but made very little. We owed self-employment tax but it was covered by the Making Work Pay and earned income credit.

[msanthrope]

24. Refund. A very nice one. n/t

[yawnmaster]

26. State owe. Fed refund. Fed got some free money. eom

[Dappleganger]

27. Refund...

the college credit and making work pay really did help this year.

[ellenfl]

28. biggest refund ever . . .

paid 2009 r/e taxes and 2010 r/e taxes in 2010 so i could claim both this year. got make work credit, sales tax credit and energy credit for new metal roof on my condo. plus i put almost the max tax deferred $ into my ira. kept track of my eligible donations. so i will probably get audited. :eyes:

ellen fl

[Lydia Leftcoast]

29. If you're self-employed, the smart thing to do is to apply any over-payment to

next year's estimated tax.

[ieoeja]

30. Yes.

Federal refund.

Illinois refund.

Indiana payment.

[Blue_In_AK]

31. Paying, as always.

Just not quite as much this year since we're both retired and neither of us is making extra money.