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Johnny2X2X

(24,345 posts)

6. Stop loaning your government money

Reply to Septua (Original post)

Wed Apr 8, 2026, 10:23 AM

Apr 8

The whole tax refund idea is just wrong headed. An interest free loan to the government is bad business. Adjust your withholding to get close to zero refund, you can put that money to better use throughout the year.

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madwivoter DemSoc GoCubsGo

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Well, my tax refund is $1,000 more than last year... [View all] Septua Apr 8 OP

You should take it to a food bank TheProle Apr 8 #1

I plan to do that... Septua Apr 8 #7

I'm sure they'll manage to scrape up the pennies they gave me in that bill bigtree Apr 8 #2

This year Rebl2 Apr 8 #3

I fully understand your position. Septua Apr 8 #8

Well I Rebl2 Apr 8 #14

Didn't change anything for me. I still owed. EdmondDantes_ Apr 8 #4

If you're 65 or older it probably due.. surfered Apr 8 #5

It is. Septua Apr 8 #9

Stop loaning your government money Johnny2X2X Apr 8 #6

I leave it as is... Septua Apr 8 #10

I leave myself a little buffer Johnny2X2X Apr 8 #12

I never made a lot of money... Septua Apr 12 #18

You overpaid on your withholding so fortunately, none. BannonsLiver Apr 8 #11

My modus operandi gladium et scutum Apr 8 #13

Ours was about $1,000 more too Omaha Steve Apr 8 #15

Ours was $89. Tbs, our income was up about $60k as H started collecting his SS and mine went up to half of his. Raftergirl Apr 8 #16

My wife and I are on a fixed retirement income PCB66 Apr 8 #17