Posted on 03/12/2013 7:44:38 AM PDT by SeekAndFind
Edited on 03/12/2013 7:45:44 AM PDT by Admin Moderator. [history]
Could the sequester reach into your pocket and hold on to your tax refund? There's talk that a chunk of the more than $300 billion in IRS refunds each year could be delayed if the sequester forces the agency to furlough workers.
(Excerpt) Read more at myfoxphoenix.com ...
I hope it hits the EITC’ers first.
Early indications I have from my own observation (and talking with some tax professionals)
EITC recipients, college age kids, people in certain zip codes (i.e. the Obama Base) have had refunds approved, no problem.
Gainfully-employed registered Republicans living in more fortunate areas of town.....”we are experiencing unanticipated delays in processing your return”.
It’s the Chicago Way.
Guess who will be blamed?
Yeah, the gov’t is never in any big hurry to process your returns when they owe you.
Tax refund? Never had one. I would rather pay a small penalty than give the Feds more money throughout the year.
I got my daughter’s electronic filing refund deposited inside of 10 days.
Gee....a rational person would think that the government would at least wait until it actually received real money from real taxpaying Americans first before giving it out to entitlement leeches. But that’s just me....
I’m gonna say something and it may piss some people off here, but here goes.....If you receive EITC payments, you are a loser. I don’t care about hard times, unemployment or whatever. The fact that you have convinced yourself it is OKAY to take money from the government that it has stolen from someone who is NOT a loser isn’t an excuse.
You should have invested in education that is worth a damn; something that is marketable in a working society instead of psychology, counseling, political science, the arts or what have you. If you made a choice like this, you are, in fact, a loser - you won’t be anything otherwise until you realize you actually have to work at something substantive and worthwhile, pay taxes and build a life instead of relying on others to ‘help you do that’....you deserve the harvest of what you sow.
I don’t really care....I owe the government and my state thousands! I figured out how to maximize what I owe with no penalty! I will postmark my payments on April 15, 2013 at midnight....no penalty, no interest.
My accountant e-filed last Monday. My refund was direct deposited by last Friday. Fastest ever.
Heh. I always owe at the end of the year. And stuff like this is one of the reasons. I don’t like the government owing me money.
They cannot afford the postage!
This is all so sickeningly pathetic. The “cuts” are so small that the impact in reality is like a flea biting an elephant.
Anything noticeable is pure theatrics. Sufficient theatrics unfortunately to fool the average low info voter.
I am surprised that anyone who falls for all of these “nightmare” spending “cuts” is even ambulatory and potty trained.
Yes. That is being played out at the state level as well. States are saying - if I don’t take the money some other state will. I don’t really have an answer to this dilemma. Of course the right thing to do is to not take the money. However at some point - its every man for himself.
I understand this and I understand the temptation. I have told my children if they ever do this, they are disowned.
I mustered out in 1976 with a wife and a newborn. Squat for my troubles. I came home and worked - worked damned hard.
I was eligible for EITC but didn’t cash the check they sent me, even though I never applied for it. My wife worked in a bakery making sandwiches for $1.50/hour and I worked at a full-time job for $150/week and went to college on the GI BILL, for which I paid with 8 years of my life.
We NEVER took a dime, and since I graduated from Georgia Tech, we paid PLENTY in Social Security Taxes, Federal Taxes, State Taxes and the like. My wife and I to this day still feel the same way.
If the rest of the country feels like it’s ‘okay’ to ‘get theirs’ then it just isn’t the country that we used to want to call our home any more.
The solution is NOT to give the regime an interst free loan of your money. Hang on to it until the very end and pay up on 4/15.
Very well said. So well said that you would probably get the brand of ‘racist’ from those oh-so-logical lefties.
I haven’t received a tax ‘refund’ in a long time. My hope is for an ‘overpayment’ from the year before to reduce a quarterly payment. That said, I always feel like a loser come tax time. I am by no means rich, but because I am self-employed and earn an average living I get walloped and usually have to pay in a good sum. It feels like I push a boulder up a steep hill all year long and on April 15 someone looking a lot like Uncle Sam is waiting on the top of the hill with a bulldozer, to send the boulder running over me and sending us back to the bottom of the hill to start all over again.
More and more I wonder why I bother. I work seven days a week so layabouts can have Obamaphones and prime rib? So someone can get a windfall in the form of the EITC?
My college age grandson had a refund coming this year so did his return and the money was in his account in about the same time. He also had a refund coming from his state and it was deposited within 3 business days of when the electronic return was submitted.
I don’t have a refund coming so mine won’t be filed until Midnight on the 15th.
Same here and I tell anyone I know that gets a refund they are stupid.....for loaning their money to the government interest free for a whole year.
Oh yeah.....when i sent that check in on April 15th I write....fuggin thieves on the bottom of it. They always cash it anyway. lol
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