Sorry uncle Sam, I do not have any disposable income left. They all went to my Mitchell and Ness Houston starter jackets. Please ask Bezoz or Elon instead for your bridges and infrastructure. Thank you kindly
Filed a while ago. Got a lot back, but that's only because I stupidly contribute too much from my paychecks. I need to change that.
I was reading that a lot of people aren't getting refunds or actually having to pay for the first time in their life and the main reason is this is basically the first year in a lot of people's lives that they actually earned real interest on money (due to higher interest rates) that made a difference on their taxes (and of course is not withheld). An entire generation of people has lived with near 0 interest rates their entire working lives and now actually get interest on savings.
Extension filed. Wife had a ton of medical bills last year. Probably not enough to count but we will see what our accountant can do.
Sounds like you read a manufactured narrative trying to distract people from the real reason they owe more now (Trump).
What? The tax rates are unchanged, the tax brackets are larger for inflation and the standard deduction was raised more than normal...all in all its a pretty normal year of 2023 vs 2022