Comments on: My Preferred Tax Return Amount: $0

By: Pad Your Holiday Spending Account : Yielding Wealth - Personal Finance Tips – Money Management Advice

Tue, 13 Oct 2009 19:32:49 +0000

[...] withholding: This is probably the way you can save the most. I like to try and get it so that my tax refund is $0. This is because if you are getting a tax return, you have been giving the government an interest [...]

By: How Do You Waste Your Money? : Bizzia - Business News and Commentary - Finance and Business Tips

Fri, 24 Jul 2009 15:08:22 +0000

[...] government, while depriving you of capital you could be using to your advantage. No I strive for a $0 tax refund [...]

By: Lela Davidson

Lela Davidson — Wed, 20 May 2009 13:00:29 +0000

Zero is the magic number. Getting there can be tricky, especially for us combo freelance/real job families!

By: Miranda Marquit

Miranda Marquit — Tue, 21 Apr 2009 15:59:21 +0000

For the most part, if you underpay by less than $1,000, you are in good shape. And, yes, it is a rather fun game ;)

By: SJ

SJ — Tue, 21 Apr 2009 04:21:48 +0000

Of course we’d love to get our withholdings perfect =)
One thing is the penalty for messing up is larger in one direction (witholding too little)

But I think that might be a fun game to play this year for me =D

By: Recent Finance Carnival Participation : Yielding Wealth - Personal Finance Tips - Money Management Advice

Mon, 20 Apr 2009 14:33:08 +0000

[...] of Personal Finance, where my post on $0 tax refund was [...]

By: Welcome to the Carnival of Personal Finance | Mighty Bargain Hunter

Welcome to the Carnival of Personal Finance | Mighty Bargain Hunter — Mon, 20 Apr 2009 07:40:56 +0000

[...] Yielding Wealth likes getting back as little as possible on her tax return. [...]

By: Jesse

Jesse — Sun, 19 Apr 2009 05:22:13 +0000

I am on the fence on this one. I have always gotten a refund, though I forget about taxes until around tax season, I always end up using the money for something worthwhile or important that was already planned but with money from savings so the tax return is welcomed. On the other hand I do believe there are better things to do with money than giving the government a loan interest free.

But I have a child, and another in the way. I have changed my tax withholdings but because of the huge child tax credit and my schooling tax credits I seem to always end up with a nice return. So I can go either way, we dont depend on the tax money but its welcomed.

By: Reader Question: How to Spend a Tax Refund? : Yielding Wealth - Personal Finance Tips - Money Management Advice

Sat, 18 Apr 2009 20:11:17 +0000

[...] is, obviously, a question that you can really only answer for yourself. (Personally, I prefer to have a $0 tax refund) But many people like to have ideas of what they might do with the money to make themselves more [...]

By: Tax Day is Over. Now What? : Bizzia - News, information and opinions about the world of business from inside the blogosphere.

Sat, 18 Apr 2009 00:15:09 +0000

[...] in the bank and earn interest on it all year rather than offering to the government as a free loan. I try to get my tax return to show an amount as close to $0 as possible. Talk to the HR department to re-do your [...]