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Message
re: How many of you get a big tax refund check?
Posted on 3/27/24 at 10:49 am to Thundercles
Posted on 3/27/24 at 10:49 am to Thundercles
quote:
It always blows my mind when people get excited for their big tax refund for some large purchase. I can't fathom someone willingly giving extra money to the government to hang on to throughout the year just to ask for it back at the end.
Its usually the case they didnt have a choice and the taxes were auto deducted and once you actually file, you get your tax breaks added in reducing your taxable income.
1
Posted on 3/27/24 at 11:22 am to JayDeerTay84
quote:
Its usually the case they didnt have a choice and the taxes were auto deducted and once you actually file, you get your tax breaks added in reducing your taxable income.
I'm commission income and get a large return every year.
I claim single 0 dependents.
With 401k, HSA, cafeteria health insurance, and 529, I'm able to shelter a good bit of my paycheck too. But the 22% withholdings on my commission pay comes back each year in my refund.
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