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Lemme splain a little further on this - Know your info up front

Posted: Mar 8th, 2016 - 9:53 am In Reply to: Tax refund is actually an interest-free loan to the government - Lemme splain

Years ago when I could not afford it, was told I had to pay back several hundred dollars on income tax. I had to set up a monthly plan and it was hard for me to do. I then went to HR at my job and asked what can I do so I never have to pay back again. I was told (even married and children) that I could go single, no dependents and then add on at the end of the year. That way, more money taken out biweekly, I did not notice that much and then at the end of the year the deductions put on. Others might not like to "loan" the money but for me it has worked out to what I want. When others are saying impossible about my refund, I file both state and federal taxes and the refund is a combination of both of those, not just federal alone.

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