2019 Taxes
- Thread starter Cyclone06
- Start date
Iowa is supposedly running 4 - 6 just like the last few years.
My Fed came on day 22 but IA says still processing.
I filed on 2/2 (during the Super bowl)
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Filed both electronically on 2/1 with direct deposit of the refund. Got federal refund on 2/12 and no state refund yet.
Heard on the radio today that Iowa refund will be delayed again this year just like the last several years.
My fed was within 2 weeks. Have a buddy who is an accountant saying similar numbers to yours for state.
If you are wanting to remove yourself from society and modern civilization,I think the UniBomber’s old cabin is vacant. He may have even left some old clothes behind for ya.
Tax refunds?????? That would be nice.
I can’t remember the last time I received a state refund......
Ah yes, for security* reasons.
*the state doesn't have the money to issue your refund
A lot of people seem to enjoy loaning their hard earned dollars, interest free, to the gov't...and then get annoyed when they don't pay it back fast enough.
Full disclosure - we over-withhold each year, so get refunds. I"m too lazy to take the time to figure out the proper w/h amt. That said, I'm not going to ***** about timing given I could take the effort, if I wanted to, to adjust my withholding down so I didn't have to rely on the gov't to send it back to me on an arbitrary time table that I feel is appropriate.
That's on me.
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For the record I do not want refunds, but owing feels pretty bad. In 2016 and 2017, we owed primarily because no kids. Then taxes changed, we changed w4s, kids came, and now we've gotten smallish refunds. I am considering a change to our W4s this year, to hopefully re balance for 2020.
Oh man, you mean I have to do those things again?
Our practice has been told to tell the clients 8-10 weeks.
The state is doing an Illinois trick, calculating how much cash is needed and then borrowing it for the refunds. Pathetic.
The state is doing an Illinois trick, calculating how much cash is needed and then borrowing it for the refunds. Pathetic.
Yeah, because the interest rate they'd be getting with that money in a savings account MIGHT get a burger and fries.
Not to mention the fact that I'd guess most refunds are generated by credits and therefore people never had access to the money anyways.
Your first point is a false choice. You can choose to take more take home pay and invest that difference in the markets. You're not required to put it in savings account.
Anticipated credits easily be calculated ahead of time too. Do people just wake up one morning and there is a newborn baby suddenly at their doorstep?? Pleez...
There are online calculators....your Turbotax will do this for you....and you can go full bore with a CPA.
This is not an issue to draw the victim card.
One year they just won't send out those checks. And then people will understand why you shouldn't loan deadbeats money.