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Post by chaosisapony on Feb 11, 2023 19:22:24 GMT
I filed my federal and state taxes just before 11pm on 2/7. I got my federal refund yesterday, 2/10. Never in my life have I received a refund that quickly. This was also my first time claiming a specific credit which gave me a much larger refund than I would normally get. Have you done your taxes yet? If so, and you got a refund did you get it faster than normal?
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used2scrap
Drama Llama
Posts: 6,089 
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Post by used2scrap on Feb 11, 2023 19:44:54 GMT
Planning to get to them this week. Been down with Covid so they got put off lol.
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Post by cadoodlebug on Feb 11, 2023 19:50:58 GMT
I will send the planner to our CPA in the next week or so. We usually get our refund within a couple weeks. (If there is a refund to get!)  |
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iowgirl
Pearl Clutcher
Posts: 4,295
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Post by iowgirl on Feb 11, 2023 20:10:08 GMT
I had the preliminary work done in December. We always meet with the CPA before the end of the year to decide where we are at with expenses vs income. Do we spend in current year or following year. We have major expenses that can be paid at either - it's just a matter of what day to pay!
We did end up paying this year. Did a pre-pay of about 23K, even though we haven't even filed yet. The federal tax will no longer be a deduction on Iowa taxes next year (thanks Governor) So if we went ahead and pre-paid what we estimated our tax to be we could still use it as a deduction. It's confusing. LOL
All the confusion of tax brackets and what one we want to be in. That is why we pay a CPA! I do all the work, as far as breaking everything down. He just enters the expenses as categorized by me. But his software does the magic of figuring out where we need to be as far as tax brackets, etc.
Ours are due the end of February.
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MDscrapaholic
Drama Llama
Posts: 6,623
Location: Down by the bay....
Jun 25, 2014 20:49:07 GMT
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Post by MDscrapaholic on Feb 11, 2023 20:17:00 GMT
Ugh. I don't even want to think about it.
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Post by KelleeM on Feb 11, 2023 20:29:33 GMT
I filed mine on the evening of February 3 and had my refund deposited on the 8th. Life you, op, I had a new credit that I had never claimed before.
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Post by littlemama on Feb 11, 2023 20:41:54 GMT
Yep, did them last weekend and the federal refund is pending today, due to be deposited on the 15th. The state usually shows up a few days after Federal
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Post by AussieMeg on Feb 11, 2023 20:44:05 GMT
Argh, this should have come with a trigger warning haha!  I had a sudden heart attack before I realised that the financial year here ends on 30th June, and I have until the end of October to do them!  |
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Post by snoopy on Feb 11, 2023 20:44:39 GMT
I filed mine almost two weeks ago and received my refund this past Wednesday.
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milocat
Drama Llama
Posts: 5,586
Location: 55 degrees north in Alberta, Canada
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Post by milocat on Feb 11, 2023 20:59:31 GMT
We have till April 30. RRSP (registered retirement savings plan) deadline is the end of February and even if you contribute before they won't send your slip out earlier.
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Post by librarylady on Feb 11, 2023 21:06:11 GMT
I always have to wait until March because some of the investments don't send their final statements until then. We had used an independent CPA until last year. We know someone who works for H&R Block. He did ours and the refund was back in 2 weeks. I wondered if using H&R Block made the refund faster, but from the results the rest of you are posting, probably not.
We never knowingly wait until the last minute. I am OCD about turning things in before the due date. Many years ago the independent CPA I used never gave me the documents until April 15 and I had to drive across town to a Post Office that stayed open late to postmark the returns for people. I was so angry at that woman, she has no idea how much she upset me by the last minute filing.
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scrappinmama
Drama Llama
Posts: 5,048
Jun 26, 2014 12:54:09 GMT
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Post by scrappinmama on Feb 11, 2023 21:11:47 GMT
We prefer not to get a refund. We like to break even, but with the new tax structure created under the Trump administration, it's been impossible for us to break even. We have owed, so I'm in no rush. I submitted my tax planner to our CPA and am just waiting to hear what the damage is.
I did help my son file his taxes last weekend. He's getting a small refund and hasn't received it yet.
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pinklady
Drama Llama
Posts: 5,974
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Post by pinklady on Feb 11, 2023 21:27:53 GMT
I filed my federal and state taxes just before 11pm on 2/7. I got my federal refund yesterday, 2/10. Never in my life have I received a refund that quickly. This was also my first time claiming a specific credit which gave me a much larger refund than I would normally get. Have you done your taxes yet? If so, and you got a refund did you get it faster than normal? Can you elaborate on the new credit? |
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Deleted
Posts: 0
Nov 1, 2024 16:27:17 GMT
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Post by Deleted on Feb 11, 2023 21:46:23 GMT
Not yet. I need to access a few things to make sure we have everything we need.
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Post by Chips on Feb 11, 2023 21:56:11 GMT
I used Turbo Tax for the first time and some how it says I owe $861. I am bummed since I take zero Fed deductions on my pay and think I will try doing the return myself.
No idea how I can owe if I am not claiming myself as a deduction.
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Post by chaosisapony on Feb 11, 2023 22:00:10 GMT
I filed my federal and state taxes just before 11pm on 2/7. I got my federal refund yesterday, 2/10. Never in my life have I received a refund that quickly. This was also my first time claiming a specific credit which gave me a much larger refund than I would normally get. Have you done your taxes yet? If so, and you got a refund did you get it faster than normal? Can you elaborate on the new credit? It's not new, just new for me. I went back to school and had a bunch of qualified educational expenses so I got to use the American Opportunity credit which is fully refundable. It's very helpful! |
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Post by mom on Feb 11, 2023 22:49:20 GMT
No, we have not filed ours yet and wont for another 6 weeks or so. We will owe I am sure, so Im not in a big hurry at all but I have dropped off everything but one paper that I am still waiting for.
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Post by crazy4scraps on Feb 11, 2023 23:40:05 GMT
We haven’t even gotten the planner thing from our accountant yet, so no.
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seaexplore
Prolific Pea
Posts: 8,838
Apr 25, 2015 23:57:30 GMT
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Post by seaexplore on Feb 12, 2023 1:15:05 GMT
Signed with our preparer afternoon 2/7, federal was deposited 2/10 and state should drop this coming week.
I wish we were able to be at zero but I’d rather a refund than pay so I’ll take it. Last year I made more than what I normally make so it bumped us up a bit. We even had a real estate loss and got less back than what I thought we would.
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snyder
Pearl Clutcher
Posts: 4,322
Location: Colorado
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Post by snyder on Feb 12, 2023 1:20:02 GMT
Not yet. I'm in one of the states they asked people to refrain from fileing until the state and IRS could work issues out over a tax refund we receeived that was a result from over taxing. Now the state has programming issues; so they said it might not be ready until the end of February before we can file state.
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Post by MichyM on Feb 12, 2023 1:39:36 GMT
No. I’ll do them sometime at the beginning of March. Last year I waited till the first few days of April and 🥴 Never again, too stressful for me filing so close to the deadline.
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pantsonfire
Drama Llama
Take a step back, evaluate what is important, and enjoy your life with those who you love.
Posts: 6,169
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Post by pantsonfire on Feb 12, 2023 1:41:51 GMT
Yes and got state return 4 days post filing and IRS return 7 days after filing.
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Post by **GypsyGirl** on Feb 12, 2023 1:43:44 GMT
Still waiting on forms from two different brokerage accounts which should be here the end of next week. Once I have those I can finish plugging in the information and get ready to file. If we get a refund (rare), I'll file then. If not, I'll file and pay the IRS on April 15. No state income tax here to deal with.
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Post by 950nancy on Feb 12, 2023 1:49:08 GMT
One of tax documents doesn't get here until late March. It's frustrating. I know we should get it earlier, but it never comes before the end of March. Since we always owe, I guess it doesn't matter too much when it gets here. Our tax lady knows the situation and always gets it done for us.
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Post by christine58 on Feb 12, 2023 2:24:38 GMT
I filed mine on the evening of February 3 and had my refund deposited on the 8th. Life you, op, I had a new credit that I had never claimed before. What credit? |
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Post by justkat on Feb 12, 2023 3:10:06 GMT
Our taxes were done last week. Our refund was in the account on Monday. It's within the usual week time frame.
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Marina
Pearl Clutcher
Posts: 2,522
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Post by Marina on Feb 12, 2023 4:00:28 GMT
No I've been waiting on the IRS to decide how the middle class refund given in California should be treated. They finally decided not to tax it according to an article. So looks like I can do it this week.
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Post by tenacious on Feb 12, 2023 6:11:56 GMT
Haven’t even started. Have an appointment on my Calendar to start first week of March. A little late, but, oh well!
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Post by Delta Dawn on Feb 12, 2023 6:21:11 GMT
We don’t file our taxes until April 30. I need to talk to my accountant (not Dad). My taxes are very easy.
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Post by FrozenPea on Feb 12, 2023 7:23:19 GMT
Ours are done. Haven't sent them in yet. I always wait to make sure that I have everything.
We are getting $146 back.
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I had a sudden heart attack before I realised that the financial year here ends on 30th June, and I have until the end of October to do them! 
