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I've never gotten a tax refund. It's not necessarily a good thing to get one because it means that the government stole too much money from you and they're *kindly* giving some back.
The major issue is that you missed out on potential capital that you could have put toward investments. It's better to owe money at the end of the year because at least you held onto it for a longer amount of time!
P.S. This year, with all the education waivers and deductions (ok, that's one nice thing about the IRS - you don't have to report tuition expenses because they actually WANT you to get educated so you can pay them even more!) I was headed toward the poverty line. So, I'm not going to the final few deductions that I could take because, as it stands, I'm taxable for -$48.
If I put in another deduction (which would be in the thousands), I would be -$1048 or so (actually more) and the government would send me a welfare check. I am NOT trying to be in the system, thank you very much!
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ONE LOVE, For All My Life
Talented, tested, tenacious, and true...
A woman of diversity through and through.
Last edited by preciousjeni; 03-01-2006 at 09:24 AM.
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