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Lazarus
03-09-2010, 08:34 AM
In all of my years of filing taxes I've never seen it take 4 weeks to get a refund when e-filed. Not only that but I've never seen then change the dates on when you are supposed to get your refund. Was supposed to get my money today and its not there so I check the status and its been pushed back to 23rd. :wtf: I wonder if this is all Obamas fault?

wbeck257
03-09-2010, 08:37 AM
You should of filed it two months ago...

Troutman
03-09-2010, 08:45 AM
Got mine in 2.5 weeks at teh end of January. Once you wait the line gets longer, if you are going to get a refund you should file asap. We always file right after we get our w2s.

Lazarus
03-09-2010, 08:46 AM
You should of filed it two months ago...

I would have if it I could. Didn't get my NJ W2 until the near the end of Feb.

Lazarus
03-09-2010, 08:56 AM
Btw, I dont care about getting it late, thats OK, but don't say its going to be here on X date and then push it 2 weeks ahead. I could understand another 3-5 days but 2 weeks? Am I going to get it then or will they say 2 more weeks?

wbeck257
03-09-2010, 09:40 AM
This is why you should aim to not get a refund ;)
Loaning your gov`t money isn't really a good idea.

DICKIEDOO
03-09-2010, 09:46 AM
This is why you should aim to not get a refund ;)
Loaning your gov`t money isn't really a good idea.

+1, But with that said I got mine in 9 days.

Lazarus
03-09-2010, 09:47 AM
This is why you should aim to not get a refund ;)
Loaning your gov`t money isn't really a good idea.

I agree and I do try to balance my paycheck with the expected tax but being out of work for most of the year, moving, house, kids, donation, etc we ended up getting a decent return.

Lazarus
03-09-2010, 09:50 AM
+1, But with that said I got mine in 9 days.

Boo!

Mongo
03-09-2010, 10:17 AM
We have to pay federal, we'll mail it next month...

TLR67
03-09-2010, 10:24 AM
Broke out Even once again.......

wallypiper
03-09-2010, 10:35 AM
Waiting for K1 from my bean counter. We might be able to show a loss this year, which is actually a good thing, taxwise.

impalanar
03-09-2010, 11:13 AM
We have to pay federal, we'll mail it next month...

We had to pay state last year, we waited until the last day to mail it.

Troutman
03-09-2010, 11:31 AM
This is why you should aim to not get a refund ;)
Loaning your gov`t money isn't really a good idea.


This is true, but we use the money yearly to do home projects. Almost like a lazy mans savings account. I looked at withdrawing the money into a money market account and the money gained from interest wasnt worth the hassle.

jkhonea
03-09-2010, 11:47 AM
We had to pay state last year, we waited until the last day to mail it.

Yup, I'll be paying Federal and State this year. Won't do it until the day of. But I'm not going to complain. Since its all from my company, at least it shows I made a profit. And I didn't send them anything the rest of the year. ;)

And Laz, they did the same thing to me last year. Must be nice to be the government and screw with people at will.

MrBlah
03-09-2010, 12:13 PM
I got double what I should have back from the state, I set it aside, I guess turbotax screwed up?

wbeck257
03-09-2010, 12:16 PM
This is true, but we use the money yearly to do home projects. Almost like a lazy mans savings account. I looked at withdrawing the money into a money market account and the money gained from interest wasnt worth the hassle.

Except for the fact that the .gov doesn't pay you interest...

flygirl
03-09-2010, 12:23 PM
filed mine right away and received mine right away...the longer u wait to file the longer it is to get it back

TroyBoy30
03-09-2010, 12:53 PM
This is true, but we use the money yearly to do home projects. Almost like a lazy mans savings account. I looked at withdrawing the money into a money market account and the money gained from interest wasnt worth the hassle.

+1


Except for the fact that the .gov doesn't pay you interest...

neither does a money market or any other account these days. I prefer to get my large check back at the end of the year instead of having it little by little through the year and me just spending it. Now if you could take that extra and actually place it into something, which I won't, that actually makes some interest, which nothing does these days, then it might make sense! In todays climate I'd rather just let them have the free loan!

Lazarus
03-09-2010, 12:55 PM
filed mine right away and received mine right away...the longer u wait to file the longer it is to get it back

I dont mind not getting it back until March but do they generally push the date forward?

Lazarus
03-09-2010, 12:56 PM
+1



neither does a money market or any other account these days. I prefer to get my large check back at the end of the year instead of having it little by little through the year and me just spending it. Now if you could take that extra and actually place it into something, which I won't, that actually makes some interest, which nothing does these days, then it might make sense! In todays climate I'd rather just let them have the free loan!

+1. This money is paying for Disney. :D

Dan43
03-09-2010, 02:27 PM
+1



neither does a money market or any other account these days. I prefer to get my large check back at the end of the year instead of having it little by little through the year and me just spending it. Now if you could take that extra and actually place it into something, which I won't, that actually makes some interest, which nothing does these days, then it might make sense! In todays climate I'd rather just let them have the free loan!
What happens when they send out IOUs instead of checks?

wbeck257
03-09-2010, 02:30 PM
What happens when they send out IOUs instead of checks?

And what happens when banks stop accepting IOUs?
http://online.wsj.com/article/SB124692354575702881.html

jkhonea
03-09-2010, 03:10 PM
What happens when they send out IOUs instead of checks?


And what happens when banks stop accepting IOUs?
http://online.wsj.com/article/SB124692354575702881.html

Exactly. I'm betting a lot of people in California wish they had tried to work their taxes out closer so they could hold the money instead of the state.

Trey
03-09-2010, 03:45 PM
I'm waiting on my first time homebuyers credit with my refund, so yes, its taking an enormously long time.. Filed on 2/5 (via certified mail.. could not efile) .. expected refund to hit by April 6th.... fingers crossed!

TroyBoy30
03-09-2010, 03:55 PM
what does state taxes have to do with federal?

Troutman
03-09-2010, 06:06 PM
what does state taxes have to do with federal?

nothing

Lazarus
03-10-2010, 09:06 AM
what does state taxes have to do with federal?

They just making stuff up. LOL!

wbeck257
03-10-2010, 09:16 AM
Yup, just making up the fact that states give bad IOU's...

And with the current administration and economic situation we are in it is a HUGE stretch to think the federal gov't might think about doing the same thing :up:.

Dan43
03-10-2010, 09:19 AM
what does state taxes have to do with federal?Nothing other than in both cases if you are getting a refund, you are letting the government use your money for a year and have no guarantee that they will give it back.

I got a sizable refund last year because I had deductions (closing costs) that I do not normally get to take. I will get another this year because at the start of the year I was not sure of exactly how much my normal deductions would be in the new house compared to the old house. Now that I have a years expenses to budget I have adjusted my withholding and should just about break even when I file next year.

Lazarus
03-10-2010, 09:43 AM
Yup, just making up the fact that states give bad IOU's...

And with the current administration and economic situation we are in it is a HUGE stretch to think the federal gov't might think about doing the same thing :up:.

Nah, I know they gave out bad IOUs. Its possible the federal government could get to that point but the difference between state and federal is state has balanced budget amendments and the Fed doesnt (which it should), it can just borrow money.

TroyBoy30
03-10-2010, 11:15 AM
like I said I have no issue with letting them have a int free loan for the year. You can't make any money off of it if you invest it anyway so what's the difference. i would rather have 1 large check than a few dollars extra in my pay check that I would just blow.

Lazarus
03-10-2010, 11:21 AM
like I said I have no issue with letting them have a int free loan for the year. You can't make any money off of it if you invest it anyway so what's the difference. i would rather have 1 large check than a few dollars extra in my pay check that I would just blow.

Yep, because obviously a few extra bucks aint gonna amount to a hill of beans. YOU READING THIS OBAMA!!