Quote:
Originally Posted by LoganSnake
So why is it bad to get a large tax return?
I got around $1500 this year.
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Getting a tax refund is like giving the government a tax free loan. You overpayed your taxes throughout the year, but don't get the money that is rightfully yours back until the end of the year and without any interest. If you had been paying the correct amount of taxes throughout the year you would have had that money in your pocket and could have invested it our put it in the bank and earned some interest on it.