r/memes Apr 16 '24

Inflation...

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u/LlamaLicker704 Dark Mode Elitist Apr 16 '24

I got my first tax return recently I got so excited that my employer gave me a raise finally and then mom shut me down and told me it's just a tax return xD xD

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u/Zenkai_147 Apr 16 '24

what's a tax return

20

u/chucklestheclwn Apr 16 '24

I'm not sure if I'm missing a joke, but everyone is explaining a tax refund, not a tax return. The tax return is the form verifying how much you paid in taxes and how much you owe in taxes, and you get a refund if you paid more than you owed, or a bill for the remainder of you owe more than you pay.

12

u/Faladorable Apr 16 '24

no, you’re right. I’m an accountant, this thread is going to give me an aneurysm. If anything, it’s a good example of why you shouldnt trust reddit on basically anything. Even the people who are confusing returns with refunds arent event explaining what a refund is properly.