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Date Posted: 12:02:46 03/26/11 Sat
Author: The Chief
Subject: If we owe, which we have the last few years (*sigh*), we do it late. If Uncle Sam owes us, we try to get it back from him ASAP! That's *MY* money!
In reply to: chris k 's message, "Up to my elbows in receipts" on 06:50:35 03/26/11 Sat


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[> I do ours in Excel and monitor it all year long. I know well before the year is over what our taxes will be. So then all I have to do is transfer it to the official forms. I usually try to plan it so that I owe. After all, a refund is nothing but an interest free LOAN to the government, and why should I let Uncle Sam hold MY money for free? Inside -- JAG Junkie (Ronda)--always organized, 13:20:52 03/26/11 Sat [1]

This year we actually got a refund thanks to the energy credit--we had to replace our whole air conditioning system in December. At least we got it done while that credit was available because that offset a big chunk of the cost (heat pumps and air handlers are NOT cheap!) We were going to owe quite a bit, but since that credit turned it into a nice refund, I made sure I got that into my hands as soon as all my work overtime was finished and I had time to file!


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