Tax Time - A Few Tips

[gimmedat]

REFUND???

creative accountant + overpaying estimated taxes = u real mad

 

[lukep]

You can still get a refund if ballin. Overpaying your 1040-ES or posting a strategic loss for instance

creative accountant + overpaying estimated taxes = u real mad

Overpaying your Estimated taxes sounds a bit like giving the IRS that fat, interest-free loan that Wayn3 was talking about above.

What possible advantage could there be to letting uncle same hold on to some extra money for you? Isn't that precisely the same thing as peasants do?

 

[papajohn56]

Overpaying your Estimated taxes sounds a bit like giving the IRS that fat, interest-free loan that Wayn3 was talking about above.

What possible advantage could there be to letting uncle same hold on to some extra money for you? Isn't that precisely the same thing as peasants do?

There isn't one, but it happens sometimes. Large unexpected deduction at year end for instance.

 

[Fatbat]

Move your money offshore, flee the country and never go back.