Getting $1000 tax refund isn’t a flex. Adjust your tax withholding and keep your money

[Anthony-zwqb]

I’ll take that lump sum of a return and invest it. If I had it throughout the year my wife and kids would piss it away

[chief]

Instead of looking at it as last years money, it’s a lump sum for me to start the year off right with 🤙

[t_the_rex]

Nope give me a lump sum and piece of mind that I owe the government nothing ❤

[LL-pquo]

I'd much rather get the large refund at the end of the year because I'd DEFINITELY squander that amount of money away if it was in smaller increments in my paycheck 🤷‍♀️

Allowing the government to hold onto it for me for a year is like my safety-net savings that I can actually put into savings as a lump sum when I receive it back during tax season, instead of me inevitably spending it throughout the year 🤣🤷‍♀️🤷‍♀️

[camillemarie]

Can you make a video on what we should be claiming 😫 still so confused on how to make it so my refund is as close to 0.

[KevinZaja]

Shouldn't be giving the government anything until the end of the year so WE can collect interest on that money for ourselves!

[JLooneyTunes]

Either way you’re giving it to the government wether you want a large amount back at once or wants it split up, you are paying the same amount, it comes down to preference

[Elena-erzp]

I had to pay $300 and I was like “Almost Perfect” - I preferred the year that I owed them $3 😂

[burningbelow]

Thank you for telling us not to over pay now TEACH US HOW TO FILE THE RIGHT AMOUNT EITHOUT OVER PAYING OR UNDERPAYING

[nvthis]

I made 76k this year and save over 2k in one month every month plus get a refund im perfectly fine with them getting a lil extra from me especially when my refund is over 1k or more 😂

[Miore]

Either way is bad if you work for yourself you have to pay too so at the end of the day just deal with it

[svetikchum]

A lump sum is a good thing all at once lol...

[ElizabethDior]

I’m looking forward to my tax refund anyway 😂

[Spartan-swvm]

But then you have to pay them allot at the end of the year so it doesn’t matter

[Xicolifts]

This makes perfect sense. Why build up an emergency fund you can see and potentially lose, when you can give the gov your money to hold with a guarantee you get it back

[ashlii-sirius]

I’d rather get that large amount back. If you put it into perspective … yes, you are giving the government money, BUT, if you don’t withhold taxes from your work checks then you’d end up owing the irs money when tax season comes. So unless you withhold it yourself and don’t touch it then you’re stuck with a debt. I’d much rather be debt free when tax season comes. I understand it’s not “free” money but it feels like it is and you can use it on whatever you want.. keep it as an emergency fund, paying off debt, treating yourself, investing.. the list goes on. There are smart ways to use that money.

[Clau]

Yeah, I used to do that but then realizing that having the IRS hold it was easier than me blowing it off on silly things (as I did even with the intention of saving 🤦🏽‍♀️). So now I just live off my take home pay and when I get a refund it goes directly to savings or investments.

[youngblisslife]

Personally ..I probably wouldn't notice 500-1000 stretched out into 12 months. I would blow it before I notice it If I get it back at the end of the year, at least I know it's going to a bill or something specific. There's really no right or wrong answer to this. It's personal preference

[EvelynSierra-qi]

That’s exactly how I do it all the time I get it throughout the year

[deoxi]

I see it as a sum of money to use in investing into something since youre already used to your own budget. Meaning that refund becomes extra money that you can whatever the fuck you want with. So I can use it in stocks or investing into a skill which will net me money in the long run like learning to code or auto detailing.