Business
Why I’m Trying to Stop the IRS From Giving Me a Tax Refund This Year
It is time to start year-end tax planning, and this year I’m doing something different. For the first time, I’m planning to owe taxes next April 15 instead of getting a refund.
This means I’ll be parting company with most tax filers. Last year, nearly two-thirds of the nation’s 166 million filers of individual income-tax returns were owed refunds by the Internal Revenue Service. The average amount was $3,167.
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