Should I be upset that people can get back more money in taxes than what they put in?
84932
Yes, I think you should be upset!\nIf someone is getting back more than they pay in... WE have to pay more than we should. \nThat certainly pi$$es me off!!! I'm not responsible for their 9 kids, or their low paying job, so why do I have to pay more??\nIt's just like illegal alliens collecting welfare....NOT RIGHT!
893009
Boy am i with you look at the question i asked a couple of hours ago!!!!\n\nI'm sick to the back teeth of handing all our hard earned wages over to them.\n\nWe will be taxed the "AIR" we breathe before long, and i don't think that is to far retched!!!\n\n\nI am with you all the way, good luck to you and yours.\n\nAnd this is to the people "Who have obviously have a few quid in their pocket" \nIt's not that we don't expect to pay tax, stop being so jumped up!!!\n\nWe are just fed up of getting screwed over????
967130
It depends on how much money the person makes. People have to pay taxes on any assets or extra money they make. Some people who make a certain amount of money (under the max you can make) don't have to pay extra money and they just receive it.
469687
It depends on your age, where you live, how it affects your other income, etc. Talk to a tax accountant.
236623
Yes. You might not get the full deduction
12187
i' lawer i think that i get more money.
663544
Yeah, I feel like I just charged up a bunch of crap on my credit card. The tax cut is only a LOAN; you're gonna have to pay it back.
90513
Ummmmm no, the amount of money that you will get back is based on you taxable income, what tax bracket you fall under, and what credits or deductions if any you can apply.
407271
It is alarming how misinformed most people are about the Federal income tax and all other state and local taxes.  The "Rich" pay in excess of 80% of federal individual income taxes.  The "Rich" pay close to 40 cents of every dollar they earn in Federal and State income taxes.  If you want to talk "fair," how fair is it for someone to work hard in school and then life and then fork over almost half of what they make to someone else.  The "Rich" also pay more than the majority of all local property taxes.  The "Poor" are eligible for the EITC which gives them back more money than they pay in federal income taxes.  Most "poor" people really resent the "wealthy" not the "rich."  If a "Rich" person stops working, she will no longer be "Rich" and will be eligible for the same EITC that "Poor" people receive.  The "Wealthy" never have to work another day in their lives and if smart, never pay the taxes that the "Rich" do.  I blame the misinformation mostly on CPAs like myself who don't do a very good job at telling our complaining clients to shut up and try working a little smarter.
417480
You should claim what you anticipate taking when you file your taxes.  The higher the number the more you take home and the less they withhold.  There's no sense in tying up your money if you know you'll get it back.  Just don't get too carried away because there are penalties if you do get too carried away and claim 10 or something if you don't actually have that many deductions to back it up.\n\nFor example, a normal single adult with no children would probably claim 2 because 1 is personal and 1 is single.
774581
You will see more money in your paycheck.  Single tax rates are higher.
615386
There is a lot that makes me upset about taxes!The fact that my taxes go to pay wages of some slacker government employee upsets me. I don't want to pay them to take more rights away from me they have done that enough, thank you.My parents now pay more in taxes per acre, than my grandfather payed per acre to buy the farm. Not fare? nothing is anymore.we are worse off in this county than we have ever been.the poor get poorer, the rich get richer.
579700
IF it worries you too much you can send them a letter of explanation.  If your return does not involve higher figures it may not attract much attention.
55272
To the extent that your losses exceed your gains, you can apply up to $3,000 against earned income. This has the effect of reducing your AGI, which does in turn reduce your tax liability. If you didn't owe any taxes prior to the capital loss being taken into consideration, then yes, including the loss would increase your refund, but not dollar-for-dollar. If you have losses in excess of the $3,000 allowed, you can carry the excess over to next year's taxes.
1121154
If indeed you are a banker as per your online title you should already know where your tax money goes.  Everyone seems to scream about taxes but do nothing about it by voting what I call Professional Politicians back into office evey time they vote.  There's where your almighty tax dollar goes.  If people would only forget their idiotic stick with the same party ideas and start voting for the individuals instead of a party our tax dollars would be spent more efficiently. Do some research before you vote on each individual and say to hell with the party lines and will get people in office who want to help "us" people instead of filling their own pockets on what you pay in taxes.
767042
Just pay it back. NO legal problem, but make up a story as to why you thought you were getting the extra money.
363636
Paying taxes didn't bother me until my tax dollars started funding the ridiculous war that we are in. It also bothers me when I am paying too much money in taxes every year. True I get a big refund back, but that means that I am basically giving the government an interest-free loan, and that makes me angry.