Why it’s BAD to get a Tax Refund???‍♂️

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Title	:	Why it’s BAD to get a Tax Refund???‍♂️
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Tax returns are flawed but lord knows the IRS were the ones who finally caught up with Al Capone for not paying his taxes so… anecdotal evidence but very wise life lesson Don’t ever owe the IRS money If you do, kiss your ass goodbye
Comment from : @jarydjackson8531

I think of my tax refund as a savings income to claim once a year so I guess it’s a win win 🤷🏻‍♀️
Comment from : @courtneyrodriguez4063

Ok well how do i know how to pay the right about so i dont underpay or overpay!? They didnt teach us this in school which they should've!
Comment from : @burningbelow4424

I just take my Gross and Net Income from my banks and fill in the rest of the blanks and just pay them In the last 3 or 4 years I have done them I have always paid, I never get a refund and I don't really care 😂
Comment from : @YeethusCries

You rarely get the full amount owed
Comment from : @ladyt2588

Worse advice in the entire internet today
Comment from : @alonso4243

I'm good with that
Comment from : @jasonspades1265

I support this logic, but still notice that a lot of people want a refund over breaking even or paying in come April To each “his” own I guess?
Comment from : @TASTaxLLC

Child pls!! Leave us alone we love over paying
Comment from : @deangeloturner1508

Overpay it is!
Comment from : @Starr1onebeatz

It’s so so much better than realizing that you need to pay them back money at the end of the yesr
Comment from : @stonesymmetry

I don’t care that I overpaid them That bill they send when you owe them is HORRENDOUS Took a chunk out of my savings last year 😭
Comment from : @MayTheOddsBeInYourFavor

ya and than you get fucked over because you end up OWING
Comment from : @houseofaction

Lol don't be dumb ppl go ahead and over pay, you do NOT want to underpay They will get you
Comment from : @finabc518

The only people I hear bragging about is my co-workers to have kids
Comment from : @jborrego2406

I owed the previous 2 years which annoyed me This year I’m getting a hefty return, but there’s a middle ground to be achieved I’d much rather be owed something back than owe during tax season That sudden influx of money feels good
Comment from : @Stuke51

In all honesty, tax returns wouldn’t be a bad thing if our government actually used our taxes for good stuff, it would be a great way for people to save money buy it automatically being taken out of your paycheck But because most of the time the American government screws around with our money it’s really frustrating that this happens, especially since they take extra money from us and they also make us calculate our tax return
Comment from : @lawrencevaughn9149

At least I have a nice chunk of change only good things about tax returns are that some people never have that much at once my mom once had over 10k from a tax return 🥹🥲she also had about 5 kids under 18 so it added up quick how I miss those times
Comment from : @shadxwgxd

How do you reduce the tax on the w4?
Comment from : @tattedviolinist

Lmao paid no taxes last year I owe $1800 because of self employment but I still get a refund of $4000
Comment from : @realmadzero

This is just straight up stupid
Comment from : @HoustonDarner

It's better than owing them
Comment from : @Octopugilist

thought he was going to say you lost x of that $2000 to the year's inflation or missed out on compound growth instead he gave some stupid reasoning
Comment from : @whatshumor1

It’s a even trade
Comment from : @josephjamesjr8939

Better to overpay than underpay, trust me I know…
Comment from : @1Wild_Turkey

I rather not owe idc !!! At this point, i will keep overpaying I know ppl who owe each yr And that sucks even more
Comment from : @MalanniJanai9905

Don't worry, they will eventually just keep your money to house immigrants
Comment from : @robertspikes1376

He is not factoring in tax credits or write-offs
Comment from : @brandysmitg4016

Im 23 and even i know not to fuck with taxes Its better to overpay and get money back than having to owe
Comment from : @deadchannel8965

huh
Comment from : @commentandlikedistributor

But it states on the form that to with hold or claim that brI have to have a kids that's not older than 17 I always put one for myself but not sure if that's a good idea But I typically get a fat chunk back Suggestions?
Comment from : @cocreatorproductions

In America maybe but in Australia it’s different because it let us save money with out problems
Comment from : @damianelford1774

You get back what you overpaid, nothing more or less Better than getting hit with penalties and interests for underpaying
Comment from : @danielalvarez3499

It gives you extra money a year later meaning your spending the money you get wiser than you get a big chunk of money to save for vacations or retirement
Comment from : @ThatRobean

… That’s why it’s called a TAX REFUND?
Comment from : @benwilson6559

The only thing bad is that raggedy nappy wig you have on
Comment from : @latoshastanfield5523

The government should refund us with interest since they’re borrowing our money Jk
Comment from : @keanurodriguez9232

Better to get money back vs what I had to deal with 2 years in a row! $15,000 due
Comment from : @ArmOr_of_the_Alpha_and_Omega

Ok So what is a W4?
Comment from : @wingedmagician47

Wait what???? I need more info on this pls someone help
Comment from : @arielfields8923

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
Comment from : @Hannahbenowitz

I use it to save money I would’ve otherwise spent but I’m thinking about suing tf outta turbo tax because they took 200 plus from me and it’s been literally more than half the year… It’s too much hate out here
Comment from : @JAMALR

So you get paid an extra $766 per day in a work week and could possibly end up owing money if everything isn't exactly like it was last year also no "extra check" few months after christmas/new years I'll take the refund
Comment from : @Do_the_thing_

better safe than sorry, you obviously shouldnt be jumping for joy since theyre just giving you your money but id rather a tax refund than being slightly under and have to pay late fees ON THE SPOT
Comment from : @SwagMush

So $2k refund is bad? A person getting an extra $150/month is not going to save/invest that I always advise people anything over $4k is bad but your millionaires are overpaying by tens of thousands each year
Comment from : @patrickm444

I am confused why should I care if they are just going to give me back my money??? That’s a whole suprisebrbrIf I pay too little they come to my door if I overpay they give it back to me no issue I have no issue spending more if I am just going to get it back
Comment from : @HankHillBentOver

The money doesnt change thoughits the same amount just later Christ, nobody listen to this man
Comment from : @Idontevencareforyou

What's going to come on here and argue against this video It is so refreshing to see so many people who think like mebrbrMost of us are not good with our money If you are and can save that money, Yes, you will get the interest which is a benefit I am not, however and I would rather let the government have my money all year so that I do not have to pay them at the end of the year Especially a few months after Christmas
Comment from : @kenannon5604

What is the Canadian equivalent for this?
Comment from : @bloodtruck3554

Not sure if I’m missing something but he never exactly explained how it was a bad thing, obviously we only want the government to get what’s required but its on our employers throughout the year So in no way would getting that money returned be a negative thing
Comment from : @RandomFandom-un6kd

Oh no, all my tax dedications coming back to me are bad
Comment from : @k9xwarfar335

Pointless
Comment from : @BenRichards-th7sw

Absolute bafoon
Comment from : @bobbywalsh5538

It's bad, because you pay personal income tax a 'temporary' war measure
Comment from : @davidvanderven

Besides from losing you couldve used to invest, are there any other cons to getting a refund? Do they give you everything or do they keep a small amount for themselves?
Comment from : @danzho6442

I’d rather get caught paying too much rather than not paying enough 🤷
Comment from : @apersonontheinternet8354

Better to start a business and avoid the taxes, That’s what I do because I’m anti-terrorism and don’t like supporting endless wars that have nothing to do with me
Comment from : @FalloutPharaoh

Yay tax return
Comment from : @deejfr3sh46

It’s way better than owing them! I’ll just overpay them it’s always worked for me and my parents, ty very much 🙄
Comment from : @rosylagoon3600

Overpaying taxes by a couple thousand dollars is absolutely not a big deal No need to go ape shit over it It's better than underpaying by a couple grand The only thing you lose is interest had you kept that money in a savings account It would amount to about $10 of interest It's absolutely not a big deal You haven't lost your money You get it back This is just a video for the sake of making a video It is commonplace for people to overpay Particularly if you are a W-2 employee EVERYONE overpays - - because it's intended This video is entirely unnecessary
Comment from : @willoughbykrenzteinburg

Not accurate California propaganda
Comment from : @KingOfStaples

Let me put this picture into frame for you I'm 22 I have multiple jobs and never paid taxes in my life I realized today that was a huge motherfuking mistake I realized that I'm not eligible for any sort of government payment or coverage in medical Fields because I have never filed for taxes and now that I'm filing this year for the first time ever I have to pay all the back taxes and start everything from scratch looking into every time I've ever been paid via check or direct payment if anyone has a add device please let me know
Comment from : @Jackariah-N

Don’t listen to him giving them money opens the door to other deductions which I leads to more money
Comment from : @DexSmith-md5ti

1099 employees who work the cannabis industry have to take out 20-30 off each check (you get it untaxed) in order to break even when taxes come brsince still federally illegal you cannot write off any type of expenses of your business at the end of the year so you are stuck paying back most of what you made since no insurance is being taken out for medical
Comment from : @jeffersondeleon925

Taxes were rammed through(16th amendment) improperly violating multiple state’s constitutions for the proper time to pass for a constitutional amendment to each particular state legislature Basically the 16th and 17th amendments were passed this way Thusly one generation supposedly spoke for everyone after them and said “…yes they will all pay into this because I say so…” Ultimate Karen move I never consented to anything other than me enjoying my Ben if it’s that I granted myself when I was never asked if I would consent part of my right to my labor benefits That’s Lee, putting not only the states that a position of theft, but also the federal government
Comment from : @abugarr123

Telling people that could end up getting them in trouble at the end of the year without explaining the potential benefits of it
Comment from : @DestinyA83

It's not a bad thing at allbrI was taught to claim 0 that way I'd get all my money back at the end of the yearbrPlus it acts as a buffer in case I end up making a lot more money than I expectedbrIt covers any possible taxes I'd end up owing
Comment from : @DestinyA83

This is click bait i think a refund is for lower income people they get refunded the taxes they paid on checks thus a tax refunded overpayment of taxes owed is not really a refund more like getting back what you overpaid for the debt you owed
Comment from : @merlinmage6012

Commit tax evasionbrCommit tax evasion
Comment from : @Ok_buddy_thats_enough

Fck them taxes
Comment from : @lilchernovevo

My return this year is 18 dollars 😂 however I saved a lot more than what my “possible” refund could’ve been… always on top of my finances
Comment from : @joemolinar3893

Take it from an expert that's a horrible horrible way to explain it taxes yes you pay them but you get them back by year 3 year paid up for your one so when you get a return it's money owed to you It has nothing to do with being overpaid don't say that
Comment from : @pkrbrt25

Pro I paid a lot on taxes last year only got back about a third
Comment from : @DungeonCrawlerRPG

And they take taxes out of your taxes 😢🤦🏾‍♂️
Comment from : @the_magician89

I am supposed to get an overpayment return on 2024 from 2022 but irs I don't know what are they doing and this is voting year
Comment from : @karlitron45

Their saving money for me 😂😂make it make sense
Comment from : @anthonygomez9590

Yeah, I’ll take the refund Hard work is already done
Comment from : @VictoriaStobbie

I’ll take my $5K refund and pay off a bill or two You do you
Comment from : @5407wtbrown

It’s called a refund Duh
Comment from : @ayothrills

getting refund is much better feeling than making payment due to underpaid of withholding
Comment from : @jkbc

thank you for being so vulnerable emily, and for making me laugh at the same time <3
Comment from : @bubgerkirg

Bro…nobody gives af the people in this tax bracket hardly ever get a lump sum of cash and can’t save So even if we’re just getting our own money back still feels good stfu now please
Comment from : @youngOG87

So many people don’t understand tax The closer you are to 0 is optimal I’d rather over pay than owe but I’d rather get $100 back than $1000
Comment from : @raimbaalgaming1226

W4
Comment from : @alaraalvarez7446

I look at it like a extra bank account
Comment from : @dbreeziiful

Yeah, sorry this is dumb LMAO I would much rather get the refund than not have the money to pay when it comes time if I happen to owe
Comment from : @drummermikerocks1