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Earned $17,493 - Anyone want to guess what her tax refund amount was?

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  • Forever_frost
    replied
    Originally posted by ceyko View Post
    Interesting how that works in general (not just the IRS). When you owe money they have to get it immediately. When you're owed money - it takes, months or years to get it and half the time you jump a 1000 hurdles to get it. It's a messed up system we have.
    Very true. I've had an appeal with the VA since March of last year and they put it in long term storage and told me to check back in 1-3 years meanwhile they debit my account every month.

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  • Danny46
    replied
    Originally posted by BP View Post
    They do pay interest if it's delayed more than 45 days and it's their fault. In my case it was up to $60 or so last year.
    Do they really? I wouldn't expect that out of them, interesting

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  • BP
    replied
    Originally posted by Danny46 View Post
    To bad you cannot charge interest and penalties to the IRS when they dont give you the money owed to you, like they would do to you if the situation was flipped.
    They do pay interest if it's delayed more than 45 days and it's their fault. In my case it was up to $60 or so last year.

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  • ceyko
    replied
    Interesting how that works in general (not just the IRS). When you owe money they have to get it immediately. When you're owed money - it takes, months or years to get it and half the time you jump a 1000 hurdles to get it. It's a messed up system we have.

    Leave a comment:


  • Danny46
    replied
    To bad you cannot charge interest and penalties to the IRS when they dont give you the money owed to you, like they would do to you if the situation was flipped.

    Leave a comment:


  • BP
    replied
    Originally posted by CJ View Post
    So my CPA filed my taxes this year and called me to tell me I already filed.

    Gee, I wonder...

    Some woman in Florida apparently married me and what do you know, got a big refund. Maybe one day I'll get one of those.
    Welcome to the club, the good news is that the IRS really cares about you and your problem. They'll show how much they care by ignoring your legit return this year and will subtract whatever you might get next year from whatever they paid out to the thief. As an added benefit anyone that might use your same mailing address will probably have their returns delayed for at least 8 months for no apparent reason. Also get ready for certified letters from the IRS demanding immediate payment with threats of wage garnishment and seized assets.

    The good news is that whenever they send the threat letters all you need to do is call their 1-800 number where you sit on hold for an hour and a half before anyone picks up, who'll then transfer you to someone else who'll put you on hold for half an hour and will put the collection process on hold for another 8 weeks and will tell you to call back next month to check your status.

    My case has been open for over a year but at least the IRS has admitted they have a case open. Thankfully the thief never received any money on my return since they closed their checking account before the direct deposit posted, otherwise I doubt there'd be any chance of getting money back.

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  • KBScobravert
    replied
    Originally posted by Roscoe View Post
    Look up Medicare surtax... There is a limit, and then there is a limit....
    I guess I forgot about earnings on a 1099 also. I can see $15k in FICA on a 1099 pretty easily.

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  • snacksnack
    replied
    I had a return of a third of what I paid in, I consider it a win in my book.

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  • Roscoe
    replied
    Originally posted by kbscobravert View Post
    I didn't think that was possible. I thought it topped out. My last couple of checks last year, they stopped taking any FICA out and I didn't pay in $15k
    .
    Look up Medicare surtax... There is a limit, and then there is a limit....

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  • KBScobravert
    replied
    Originally posted by slow99 View Post
    $15k in FICA???
    I didn't think that was possible. I thought it topped out. My last couple of checks last year, they stopped taking any FICA out and I didn't pay in $15k
    .

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  • slow99
    replied
    $15k in FICA???

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  • Downs
    replied
    I had a buddy that spent the majority of a year deployed. Only paid something like 1500 in taxes. Because of tax credits and shit (married with 3 kids) he got enough back to pay off his truck. Somewhere around 10 grand.

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  • talisman
    Guest replied
    Originally posted by Lajntx View Post
    So you are saying you are a low wage employer, and force your employees to "game the system" so the rest of us can foot the bill?

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  • Captain Crawfish
    replied
    It pays to have a bunch of kids

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  • Gasser64
    replied
    Originally posted by Lajntx View Post
    Wouldnt work... The Conservatives in Canada, and those Europe where that is done do nothing but complain about it nonstop - and how how it hurts lower wage earners more ( Go figure ).
    Flat tax then. Although something tells me thats your worst nightmare. Something comparable to an immortal george washington being potus forever.

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