No, only if you are audited and receive money and there is interest paid. You have to declare the interest that the IRS paid you as income. The government owed me big time after an audit. The $80 interest was taxable income the following year.
Soon IRS wants people to pay for using paper they want to go paperless. File electronic. I can understand for ones who receive refunds electronic deposit. But what about people and there are those who no nothing about computers and don’t own one. Low income to elderly. My mom included.
One thing I didn’t know is people who rob banks or steal money theft have to declare that on income taxes as extra income. Can you see an someone who does taxes ask question where did the extra income come from. Taxpayer oh I robbed or stole the money. ha ha right to jail.
Someone needs to tell Indiana about the Reduction In Paperwork act -
Instead of one main form and the necessary schedules for deductions all on a second page, they now have SEVEN different forms that ALL have to be filled out!
Good thing I do mine online. Billions of electrons gave selflessly so I could get my Federal refund, though!
(if you drive a car, car;) - I’ll tax the street;
(if you try to sit, sit;) - I�’l tax your seat;
(if you get too cold, cold;) - I’ll tax the heat;
(if you take a walk, walk;) - I’ll tax your feet.
@kab - the stolen money not claimed as income is how they nabbed some big time crooks like Al Capone. Couldn’t pin the crimes on them, but were able to get them for tax evasion. So, it does make a little sense.
yyyguy almost 15 years ago
sure! you have to declare your refund as income, don’t you?
rdb9775 almost 15 years ago
And there’s a tax on that too….
alondra almost 15 years ago
Tax, tax, tax! By the time they’re done you’re lucky if you can still afford a roof over your head!
ronaldmundy almost 15 years ago
roof? you gotta roof?
pamlicorat almost 15 years ago
I gotta a roof, no walls, but I gotta roof.
Yukoneric almost 15 years ago
No, only if you are audited and receive money and there is interest paid. You have to declare the interest that the IRS paid you as income. The government owed me big time after an audit. The $80 interest was taxable income the following year.
RavennaAl almost 15 years ago
I’m surprised the IRS doesn’t have a saving account withdrawl tax.
GROG Premium Member almost 15 years ago
Yeah, a new tax rule retroactive to the time you submitted your income tax.
COWBOY7 almost 15 years ago
Now you know. How about a back rub?
xsintricks almost 15 years ago
There is if you itemize and include your state income taxes.
kab2rb almost 15 years ago
Soon IRS wants people to pay for using paper they want to go paperless. File electronic. I can understand for ones who receive refunds electronic deposit. But what about people and there are those who no nothing about computers and don’t own one. Low income to elderly. My mom included. One thing I didn’t know is people who rob banks or steal money theft have to declare that on income taxes as extra income. Can you see an someone who does taxes ask question where did the extra income come from. Taxpayer oh I robbed or stole the money. ha ha right to jail.
conean almost 15 years ago
Going to the IRS office without pants is not a great idea.
RadioTom almost 15 years ago
Someone needs to tell Indiana about the Reduction In Paperwork act -
Instead of one main form and the necessary schedules for deductions all on a second page, they now have SEVEN different forms that ALL have to be filled out!
Good thing I do mine online. Billions of electrons gave selflessly so I could get my Federal refund, though!
desturbedlio almost 15 years ago
@ conean
The opposite is bad if you hadn’t paid your taxes in a while
stewdeo3bs almost 15 years ago
Makes perfect sense to show up with your pants off…saves time
stewdeo3bs almost 15 years ago
Makes perfect sense to show up with your pants off…saves time
stewdeo3bs almost 15 years ago
Makes perfect sense to show up with your pants off…saves time
stewdeo3bs almost 15 years ago
Makes perfect sense to show up with your pants off…saves time
POPPA1956 almost 15 years ago
(if you drive a car, car;) - I’ll tax the street; (if you try to sit, sit;) - I�’l tax your seat; (if you get too cold, cold;) - I’ll tax the heat; (if you take a walk, walk;) - I’ll tax your feet.
Saucy1121 Premium Member almost 15 years ago
@kab - the stolen money not claimed as income is how they nabbed some big time crooks like Al Capone. Couldn’t pin the crimes on them, but were able to get them for tax evasion. So, it does make a little sense.
BarryLBateman almost 15 years ago
WHERE’S HIS PANTS???
James Lindley Premium Member almost 15 years ago
They do tax any state refunds…money you’ve already paid taxes on the previous year.