I actually am getting a better package than most of the people who enlisted after me. My retired pay is based on my final check, and the plan gives me 2.5% of base pay per year of…
well to keep this completely tax related... ;-)
one of the better things they have done wrt military retirement is inclusion of military personnel into the thrift savings plan. …
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Originally Posted by smacintush
You just loaned you hard-earned money to the federal government for 0% interest.
Congratulations.
Yes, but only because a check I wa…
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Originally Posted by isao bered
well to keep this completely tax related... ;-)
one of the better things they have done wrt military retirement is inclusion of military…
We are getting $7515 back this year.
Yes, some people say that we "loaned" the government the money at 0% interest...
BUT we're getting back $7500 bucks in one lump sum...which…
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Originally Posted by ghporter
Well you see it's like this...
On January 1, 2005 I officially retired from the Air Force. <deleted long winded discussion of how milit…
Cody, your refund kicks mine's butt! How'd you manage that?
While it's not a good idea financially to maintain one's witholding such that one continuously gets large refunds, as …
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Originally Posted by SirCastor
Nothing like getting back money that already belongs to you...
That's why I say: Friends don't let friends borrow money.
Insurance costs money and you hope you won't have to use it. I think of having "the right amount" of witholding as being insurance. And sometimes, if you wind up with odd circums…
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Originally Posted by Cody Dawg
We are getting $7515 back this year.
Yes, some people say that we "loaned" the government the money at 0% interest...
BUT we're getting…
Lateralus, did you file on Jan 1 or something? I couldn't actually file electronically until Feb 7 because the IRS had not finalized some of the electronic forms until then...And …
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Originally Posted by ghporter
Lateralus, did you file on Jan 1 or something? I couldn't actually file electronically until Feb 7 because the IRS had not finalized some o…
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Originally Posted by what_the_heck
Don't forget, there is a smarter way.
Get some exemptions and underpay taxes and borrow from the government. When time comes to pay, p…
Well my refund showed up right on time! I'm very happy! Now when the VA catch up payment hits (they goofed on some paperwork so my subsistence allowance was cut off for a couple …
I've got mine, and spent it: Paid off a credit card, bought everything for the gutted basement bathroom (insulation, drywall, electrical, sink, toilet, vanity, etc), new hardwood f…
Not entirely tax refund, but our province just gave everyone a $400.00 cheque! Even dead people got it. It was a surplus for oil taxes or something. I am paying for my text books w…
Quote:
Originally Posted by Cody Dawg
We are getting $7515 back this year.
Yes, some people say that we "loaned" the government the money at 0% interest...
BUT we're getting…
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Originally Posted by Scotttheking
I'm curious why you do that instead of putting a portion of your paychecks into savings...
I guess if you don't have the drive to save m…
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Originally Posted by Railroader
Not everyone can predict their deductions perfectly at the beginning of the year. Situations change and people change.
Agreed, that'…
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Originally Posted by Scotttheking
Agreed, that's why I'm getting a refund this year.
However, $7500 is a pretty big mistake...
That said, my question is because of the s…