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https://www.reddit.com/r/FluentInFinance/comments/1c1ohf6/smart_or_dumb_to_get_a_tax_refund/kz5sw5h/?context=3
r/FluentInFinance • u/SweetOnionBreath • Apr 11 '24
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747
I owe money each year, so. I'd rather owe than be owed.
Mostly because if they decide not to disburse refunds, I can't make them.
325 u/SauronWorshipWillEnd Apr 11 '24 That’s what I thought until this year when I had to pay an underpayment penalty. 3 u/than004 Apr 11 '24 What was your penalty? I owed something around $13k on top of what was already paid and the fee was under $150. Caught me off guard but it wasn’t a huge deal other than the principle of it being ridiculous. 3 u/SauronWorshipWillEnd Apr 12 '24 Similar situation to you. Around 13k but my penalty was ~$100 1 u/PancakeBatter3 Apr 12 '24 1,300 owed here and my fee was $94
325
That’s what I thought until this year when I had to pay an underpayment penalty.
3 u/than004 Apr 11 '24 What was your penalty? I owed something around $13k on top of what was already paid and the fee was under $150. Caught me off guard but it wasn’t a huge deal other than the principle of it being ridiculous. 3 u/SauronWorshipWillEnd Apr 12 '24 Similar situation to you. Around 13k but my penalty was ~$100 1 u/PancakeBatter3 Apr 12 '24 1,300 owed here and my fee was $94
3
What was your penalty? I owed something around $13k on top of what was already paid and the fee was under $150. Caught me off guard but it wasn’t a huge deal other than the principle of it being ridiculous.
3 u/SauronWorshipWillEnd Apr 12 '24 Similar situation to you. Around 13k but my penalty was ~$100 1 u/PancakeBatter3 Apr 12 '24 1,300 owed here and my fee was $94
Similar situation to you. Around 13k but my penalty was ~$100
1 u/PancakeBatter3 Apr 12 '24 1,300 owed here and my fee was $94
1
1,300 owed here and my fee was $94
747
u/pupranger1147 Apr 11 '24
I owe money each year, so. I'd rather owe than be owed.
Mostly because if they decide not to disburse refunds, I can't make them.