Thread: Tax Refunds
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Old 05-06-2008, 02:13 PM   #26
DaleDe
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Quote:
Originally Posted by Steve Jordan View Post
You're always better off paying the IRS... assuming you managed to actually save the money you'll owe them. That way you can bank or invest it and earn interest on your own money before you give it up.
However the government is on to your trick. They want their money during the year and require estimated payments every quarter if you actually do this to the extent you could actually make money on it, i.e. will owe them an appreciable amount at the end of the year.

Dale
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