Sentences with phrase «large refund»

Many low - and middle - income workers receive large refunds at tax time from refundable tax credits.

Overall, people who were owed large refunds filed early in the tax season, the findings show.

They never would meet my requests so I ended up with large refunds.

But that extra contribution would bring you a slightly larger refund.

I believe large refund was due because I filed as single most of the year.

That's a great use of the year's refund, but if you're consistently getting large refunds at tax time, you should change your tax withholding so you bring more money home in your paycheck.

The IRS is just returning your own money, and large refunds often mean you likely have been overpaying on your taxes all year.

Your withholding and your tax credits control how large your refund is — not some sort of magic worked by the preparer.

Substantial Delays to Receive Large Refunds.

Coulombe expects to lose money for several years, which will allow her to reduce the taxable income from her main job and receive a large refund.

Pay too much, and you end up with a large refund.

Perhaps you expected a larger refund or at least hoped you wouldn't have to pay?

The depreciation costs will be included in your tax deduction and it would be really nice for you to receive a large refund at the end of the tax year that can be put aside for retirement.

The Earned Income Tax Credit (EITC) provides an immediate reduction in income tax liability (or a larger refund) for eligible households.

What about the case for getting a large refund?

This is the main benefit of not getting a large refund.

If you are on track to get a large refund, make the adjustment so next year will track better.

This in turn will generate a larger refund next year.

If there was a difference in getting the money now, per paycheck, or just letting it slide into a larger refund.

The less withholdings you claim, the more likely you are to receive a larger refund, but be prepared to take home less money with each paycheck.

While receiving a large refund is great at tax time, keep in mind that it's not free money.

If you received a large refund or -LSB-...]

The sooner you refinance, the larger your refund.

Have too much withheld and you'll get a large refund but a smaller than necessary paycheck throughout the year.

You may be able to write off the down payment and other home buying costs, which will entitle you to a large refund.

Some tax preparers may encourage you to overstate your deductions, such as charitable contributions, to get a larger refund or reduce what you owe.

That's because getting a large refund means you had the government hold your earned money last year.

If you're eligible to claim the full deduction each year, that could result in a lower tax bill if you normally owe, or a larger refund if you typically get money back from Uncle Sam.

This is because a large refund really means you have been overpaying, while owing money is like getting an interest free loan.

I had always been taught that it's better to owe money to the government at tax time than to get a large refund.

If you get a large refund regularly, it's a sign you need to tighten up your tax planning.

If you contributed to a Roth IRA, you may be able to claim the retirement savings contribution credit that also lowers taxable income and result in a larger refund check.

If you received a large refund or owe the government money you may want to take a close look at the 2010 marginal income tax brackets.

Taxpayers who watch the calendar improve their chances of getting a larger refund.

Then, you can see which return results in the larger refund or the smaller balance due.

Criminals can use your personal information to file a false tax return, claiming a large refund that they then have sent directly to them.

A larger refund means more money in your pocket to use how you want.

I found not paying back the HBP repayment would generate a larger refund by using the software to compare two options of dealing with the $ 1,666.

Also, because he's in a higher tax bracket, contributing to Lise's RRSP will give them a larger refund.

I am steadily working towards the 20 % mark so I can begin the Smith Manoeuvre and look forward to large refunds every year for the rest of my life (or, like Ed says, try to get the government's hand out of my pocket during the year).

I know st ** f happens, but I'd try to not get such a large refund in the future, better the money be in your pocket / account...

These tips will help you get a larger refund this year, while teaching you how to pay less taxes going forward.

* If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and / or state purchase price paid.

However, it's only taxable to the extent that it's more than the refund you would have received by choosing the larger refund from these:

If you receive a large refund every year, perhaps you need to change your filing status to receive additional money in your paycheck to put toward an emergency fund.