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Old 02-07-2008, 06:56 AM   #6 (permalink)
Redlemon
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Quote:
Originally Posted by ratbastid
You don't WANT a big tax refund. What you want is to come even, and pay nothing or very little on 4/15.

Getting a fat refund check might feel good, but what would feel even better would be to put the extra that's getting withheld into an interest-bearing instrument of some kind and let it grow. Getting a refund check means the government has been earning your interest all year.
Exactly. What you may really be asking is "How can I minimize the total amount of taxes that I pay, including the amounts withheld over the year?" But that's completely different from what you asked.
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