(01-01-2021, 04:52 PM)TJBender Wrote:

(01-01-2021, 12:48 PM)StroudCrowd1 Wrote: Rule of thumb, if you don't owe the IRS money, you are doing it wrong.  The uninformed (usually Democrat) tax payer doesn't understand why they get a big fat check back from Uncle Sam. The celebration of getting your own money back is sad.

You mean you don't like giving Uncle Sam an interest-free loan throughout the course of the year?

I shoot for a refund of $200-300. Enough to avoid surprises, not so much as to lend large sums to Congress.

This is what frustrated me about Trump tax reform. It helped nearly everybody, but the Democrats did a good job selling that it benefited only the top 1% and then drove that point home when people's tax refunds weren't as much as usual. What they failed to realize was without modifying your W-4, your take home pay was more, therefore resulting in a lower refund (if any).

This is one of the things I mean about low information voters.

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