If you are using tax prep software, it is usually an option to pay if you owe on a specified date. Waiting to file until the last minute is not the best idea as someone could file posing as you and submit a return in your name collecting a refund and it will be a big hassle to try and prove that it was not you. File early and pay on a due date you select. You can always do an amended return if something is not right.
I wish I could balance mine out closer to break even instead of getting a big return. I’m bonus driven, and the withholdings on bonus are absurd. I’ve changed withholdings etc… and it just doesn’t make a big enough difference.
I would way rather have that money over the course of the year. We use a CPA, as we are invested in a LLC that pays taxes in like 5 states. We at least use our return as money going into a ROTH IRA every year. We at least feel like it’s being put to the same use we would’ve used it for earlier in the year that way.
Our tax appointment is this afternoon. My wife and I collect a pension from another State so we will owe for Utah tax. We are still new enough to retirement that we haven’t figured out the right Fed withholding yet. Fingers crossed.
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Being an accountant the tax season isnt so bad for me. Do it myself on turbo tax as i dont have many things to claim yet. Next year will be a different story as far as a software to use 
I use a CPA and he is very good has saved me a bunch of money at times and offers suggestions for the next year as times and business changes. I like his motto will not lie or cheat but will push the envelope a little if we need to and he is one that works for me not the government.
Tried a different CPA that a few people had rave reviews for went to pick up the taxes and they had us paying in $1,000 of dollars I refused to pay him I asked him who he worked for and he said the government stupid stupid. Went back to our old CPA and ended up getting a refund.
Why are there no “pet-peeves” when it comes to corporate tax returns? I’d rather see a family get a couple grand than a major corporation get a couple billion.
Just like welfare. Corporate welfare comes from the same pot as the guy buying the $10 steak everyone wants to complain about but no one bats an eye when a corporation gets bailed out with hundreds of millions of dollars claiming it’s actually good for the economy…
With my tax return, I’m finishing my home studio and getting a couple nice guitar pedals. Can’t wait to spend it either. Bust my ass all year long and random people still feel The need to dictate what money I’m entitled too. Look, I fill out the form, it says I’m getting so much back, I click submit. How is that my fault? Oh yeah, I’m not you.
Our government has no problem spending trillions of tax dollars on the military but can’t afford healthcare, education, infrastructure repair, domestic technological advancement, we can’t even afford clean water for some areas of our country. We have billions for bombs but just can’t find the cash for books. Millions for missiles and we can’t offer affordable medicine to sick people.
Next time you guys feel like your superior than the next guy because you pay in taxes, take a good hard look around you and notice what your tax dollars are actually going towards. You complain about the uneducated yet do nothing to eduacate them but tell them how wrong they are for not having enough money in their bank account.
Maybe if our country prioritized education, rather than humiliation, we could actually prosper as a country instead being further divided by financial demographic.
That’s my tax time “pet-peeve” and you can take that to the bank… just like I will when I spend my tax return 
With my tax return, I’m finishing my home studio and getting a couple nice guitar pedals. Can’t wait to spend it either. Bust my ass all year long and random people still feel The need to dictate what money I’m entitled too. Look, I fill out the form, it says I’m getting so much back, I click submit. How is that my fault?
I don’t think peoples pet peeves have to do with the amount of taxes you pay, but rather in how much you have your employer withhold. If you are doing it correctly you should be at or near $0 for a tax return. By getting a tax return you just loaned the government money for the year, that was rightfully yours. So you could have had your guitar pedals at some point earlier during the year, or finished your home studio earlier. Feel free to start another thread, if you’d like to discuss any of your other talking points.
Well I completed my own taxes and they’ve been “accepted” By MN and the Feds. I did have a salary increase in the past year and therefore did NOT claim a single withholding for any of my jobs or income. I thought I’d be closer to paying in. Next year I’ll be back to claiming something to minimize/eliminate a return.
My small return will be added to investments or towards paying off the mortgage earlier. I am baffled by the concept of people spending a return on unnecessary items or things they believe they could otherwise not afford. If I want toys for the outdoors or to take vacations and a tax return is my only way to make it happen, clearly I cannot afford those items.
Quite frankly, I could careless what you do Ryan Wilson. But I did enjoy your virtue signalling post. Why so mad bro?
My pet peeve is that people act as if a refund is a savings account, bonus or lotto winnings.
If you get more money back than you put in, that’s a completely seperate issue.
I just did mine. Came very close to paying in. After having the turbotax fees deducted I can take the family out for ice cream lol.
I just did mine. Came very close to paying in. After having the turbotax fees deducted I can take the family out for ice cream lol.
#winning
My grandmother taught me to do my own taxes when I started “working” (I grew up on a dairy farm and received cash allowance) for an outside employer in high school. As I worked through college and entered my profession, I encountered new tax challenges that I learned to take care of myself. After I graduated college and got married (same year) I started to use H & R Block Taxcut software. I have been using it ever since, 15 years. I did it along side TurboTax one year and it came out identical. I went in to an H and R Block when I sold and built a new home and they answered my questions free of charge and filed myself. I have had challenges like a capitol loss on a land sale and I just call several tax offices and ask a couple questions (never pay a dime) and I get the information I need to file. I don’t own my own business, so things are actually quite simple.
What I have learned is that I make too much money do claim more than half the crap people complain about gathering so I don’t bother gathering up the info to claim. (ie, medical expenses). I am educated in the process now and know what to watch for throughout the year. (wouldn’t have had a clue had I not done them myself)
I gather all necessary info throughout the year and keep in a file in our home office. I keep a list on a computer file of forms I need to look for and gather come tax season. You guys know. Things a responsible adult/Dad/husband/American would do. It takes me about 1 hour to complete when I sit down and finish on the software. Then I double check everything, then I ask my wife to double check everything.
My tax “pet peeve” is that I don’t even get to claim my college loan interest because I make too much money. I grew up on a small Wisconsin family dairy farm that couldn’t support itself. My mom dies of cancer when I am in high school, my dad goes bankrupt and loses the farm. I had good influences in high school, I tried. I went to college, paid fully by myself. i worked while in college to support myself. i graduate and I am a health care professional who makes a nice living. HOW IN THE HELL DON”T I GET TO CLAIM MY COLLEGE INTEREST????????????????????? Because some D-BAG says I am too privilged??
Oh, also. I don’t care what anyone does with their refund or if they get one. Just please TRY!, stop holding your hand out and expecting something handed to you.
Interest on savings accounts is almost non-existent these days. I have about 2000 in a savings account and annual interest comes to about $2.50. I don’t mind getting a refund and don’t look at it as giving the gov’t a loan. Kind of a forced savings plan. It’s some money that I can use to add to my savings account for a trip, pay-down a bill, or for a rainy day.
I do my own EZ form. I started doing it for free on-line, then they wanted money to do my state. I said screw this and did the paper form. My mortgage and other deductions aren’t big enough to justify itemizing.
<div class=”d4p-bbt-quote-title”>Black98TransAm wrote:</div>
I just did mine. Came very close to paying in. After having the turbotax fees deducted I can take the family out for ice cream lol.#winning
Absolutely. I get why people get excited but no large interest free loans from me.
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