i dont understand how this can be possible......

scsinet

Active Member
Quote:
Originally Posted by bionicarm http:///forum/thread/385299/i-dont-understand-how-this-can-be-possible#post_3379258
I try to play the "exemption game" with my wife's income to try and get our 'total tax' as close to zero as possible when it comes to filing our tax returns.
Interesting how they are called tax "returns."
I do the same... I had about as close to perfect of a tax year as you can get. I owed $452 to the feds and got a $454 refund from GA. So, I e-filed both, and sat on my federal 1040-V until I got the state check, cashed it, then just flipped it around into a check to the IRS.
Then I took the $2 and bought a value fries and a doublestack from Wendy's. I probably should have invested the $2 or put it aside for next year's taxes, but I thought the $2 was like a "bonus." Besides, I helped stimulate the economy this way.
On a side note... has anyone noticed that the ads along the right are coming up for credit cards and tax related stuff when viewing this thread?
 

reefraff

Active Member
I have to be careful because I can end up in the underpayment penalty zone pretty easy but I try to end up owing them every year. A lot of my income is coming from investments so it' a real moving target. Last year I didn't make nearly as much in the market as the year before so we ended up with a 500.00 refund, which went to the state so....
 
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