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View Poll Results: Did 2019 Fed Tax refund increase? decrease? the same?
I've got more! I will going to Vegas. 70 37.23%
I've got less. I will be eating Ramen for dinner. 76 40.43%
The same. Life goes on as before. 42 22.34%
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Poll:2019 Federal Tax refund - more or less? poll
Old 02-20-2019, 10:22 PM   #1
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Poll:2019 Federal Tax refund - more or less? poll

Did you get bigger federal tax refund this year (2019)? Yes, no, or same?
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Old 02-21-2019, 12:19 AM   #2
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Yes................but........only because I had a large medical write off.
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Old 02-21-2019, 03:40 AM   #3
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Same as last year, no refund no taxes.
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Old 02-21-2019, 03:56 AM   #4
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The change in the standard deduction produced a notable refund vs. last year. Already been to Vegas, tho.
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Old 02-21-2019, 04:29 AM   #5
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2017 effective tax rate 0%, 2018 effective tax rate .94%. Called it even.
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Old 02-21-2019, 05:04 AM   #6
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effective rate went from 10.6% to 8.5%.
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Old 02-21-2019, 05:09 AM   #7
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After I retired 10 years ago, I have zero tax withholding, so I never get a refund. What I owe in April is simply what I chose not to pay in estimated taxes 3 months earlier.


But even in my working days, I very rarely got a refund. My withholding covered my taxable wage income, but the taxes on the smaller investment income I paid in April (or in 4th quarter estimated taxes if it were a large tax bill).
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Old 02-21-2019, 05:57 AM   #8
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Effective rate was reduced despite an increase in AGI
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Old 02-21-2019, 06:00 AM   #9
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Never get a refund since I adjust withholding (pension) throughout the year based on my estimated tax spreadsheet. Never understood why anyone would want to overpay taxes in order to get a refund but seems to be in the news a lot of late. My fed taxes decreased by about $1,000 even with a slight increase in income compared to last year.
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Old 02-21-2019, 06:20 AM   #10
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I never get a refund more than ~25 -- I always pay estimated and an additional amount when I extend in April.
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Old 02-21-2019, 06:28 AM   #11
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Seldom any refund, one year between the state and feds owed one $36 and got a $36 refund. Best year ever for our figgerin’.
We try not to lend money to the state, federal government, friends or relatives.
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Old 02-21-2019, 06:31 AM   #12
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^^^^^I didn't get a federal tax refund this year. Owed about $132. Just about matched my state refund, so figgerin' was good, almost as good as Choices.
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Old 02-21-2019, 06:45 AM   #13
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Originally Posted by Lakedog View Post
Never get a refund since I adjust withholding (pension) throughout the year based on my estimated tax spreadsheet. Never understood why anyone would want to overpay taxes in order to get a refund but seems to be in the news a lot of late. My fed taxes decreased by about $1,000 even with a slight increase in income compared to last year.
You know it is a forced savings for many folks, of who most on not on this site.
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Old 02-21-2019, 06:54 AM   #14
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Haven't even looked at it. I know I will owe and I like to wait until I feel corrections to 1099's etc have been made.
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Old 02-21-2019, 07:05 AM   #15
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Size of refund really isn't relevant. Effective tax rate is better but even that isn't the best way to gauge things.

For a true apples-to-apples comparison, you'd need to compute your 2018 taxes using the current rules and the previous rules.
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Old 02-21-2019, 07:08 AM   #16
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We pay 100% of our estimated tax out of our RMD in December. We fine tune our tax estimates prior to setting up the tax payment, so that in a perfect world, we would not owe anything nor receive a refund. But if you are asking if we are better off under the new tax code vs the old tax code, we benefited from the new tax code. Our federal taxes are 16% less than they would have been under the old system, largely because we are in a lower tax bracket than we used to be. This year, because of 2 RMD's we will be bumped up to the 24% bracket so the situation will be different, but still a savings over the oldsystem.
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Old 02-21-2019, 07:20 AM   #17
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For a true apples-to-apples comparison, you'd need to compute your 2018 taxes using the current rules and the previous rules.

I assumed everyone reporting their effective rate change was using the same 2018 data.
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Old 02-21-2019, 07:34 AM   #18
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Asking if my refund is more or less than in the past is like asking if your planning was as bad as last year or worse.

My ideal planning is to owe as much as I can get away with without incurring any penalties. ANY refund means I screwed up badly.

Of course, didn't vote.
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Old 02-21-2019, 07:38 AM   #19
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Size of refund really isn't relevant. Effective tax rate is better but even that isn't the best way to gauge things.

For a true apples-to-apples comparison, you'd need to compute your 2018 taxes using the current rules and the previous rules.
Sounds a lot like w**k.
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Old 02-21-2019, 07:44 AM   #20
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Sounds a lot like w**k.
Yup, and it's not something I'm willing to do. Just pointing out not to draw conclusions from flawed metrics.
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