Biggest scam going today. Look at the line at H&R Block or Jackson Hewlett. My daughter does it every year. I've been doing my own tax returns since I was 15.
BTW, on federal taxes, if you overpay and have a refund coming to you, the April 15 deadline doesn't apply. Wait till September, file, and you get your refund in time for Christmas, with interest.
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You'd hate my daughter. She doesn't have Christmas bills. She started Christmas shopping on Dec 26. She buys throughout the year and, since she travels so much, gets gifts from around the US and Canada
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Yes. I found out about it back in the 70s from a former boss. He couldn't put anything aside from his regular check, so he just overpaid. Filed every September, got his money between Halloween and Christmas, with interest.
It made sense, and I had two incidents where mistakes were made and I wound up getting refunds, in whole or in part, much later than I should have. Interest each time I got them.
A few years later, taking a tax prep course from an IRS agent, an item was brought up about that April 15th deadline. Earlier in the Reagan administration, they had try to penalize people with refunds coming that didn't file by April 15. It lasted on season, and those that failed to file and were penalized were refunded their penalty with interest. Go figure.
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Check your state laws as well. Some are SOBs about that April deadline, even if they owe you money.
Re-caption this meme
BTW, on federal taxes, if you overpay and have a refund coming to you, the April 15 deadline doesn't apply. Wait till September, file, and you get your refund in time for Christmas, with interest.
It made sense, and I had two incidents where mistakes were made and I wound up getting refunds, in whole or in part, much later than I should have. Interest each time I got them.
A few years later, taking a tax prep course from an IRS agent, an item was brought up about that April 15th deadline. Earlier in the Reagan administration, they had try to penalize people with refunds coming that didn't file by April 15. It lasted on season, and those that failed to file and were penalized were refunded their penalty with interest. Go figure.