|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Financial Planning / Tax Strategies |
||
|
URL:
http://boards.fool.com/my-girlfriends-sister-views-a-tax-refund-as-tax-27383933.aspx
|
||
| Subject: Re: Water Cooler Talk | Date: 1/26/2009 5:54 PM | |
| Author: wrjohnston91283 | Number: 103996 of 119664 | |
|
My girlfriends sister views a tax refund as tax free income. I was confused at first until she explained "I don't have to claim the refund I got in 2008 [for 2007 overpayment] on my 2008 taxes, so it's tax free". However, my feeling is that a lot of these people who feel like a tax refund is "Free money" would not have the will power to save it over the course of the year. Their interest free loan to the government helps lower borrowing costs, so i'm fine with that. WRJ |
||
| Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||