hehe this isnt even a refund, its an advance on next year's refund? LOL

William H Bowen writes:

> ** stops reading IRS site for a moment **
> 
> sooo... I get an advanced refund this year, but I'll need to deduct the 
> refund from next year's tax credit for kids...sooo...I'm just getting 
> back money I'd get next year...sooo...why is this an advantage?
> 
> tax credit this year: $600.00
> advanced refund of next year's credit: $400
> net-effect on next year's taxes: $0
> 
> huh...priceless
> 
> ^_^
> 
> will
> 
> 
> Ian Skinner wrote:
> 
> >Assuming you meet ALL the eligibility requirements, you may be in the
> >second(sent next week) or third (sent the week after) batches.  I'm in the
> >third (August 8th), but don't know if they are going to send it to me or
> >directly apply it my outstanding tax bill that I'm currently paying in
> >installments.
> >
> >The checks where divided up by the last two digits of ones SSN.
> >
> >00-33 this week
> >34-66 next week
> >67-99 third week.
> >
> >There's a link on the IRS (http://www.irs.gov) site to find out the status
> >of your refund. 
> >
> >Whether this was a good idea or not is a WHOLE other discussion.
> >
> >--------------
> >Ian Skinner
> >Web Programmer
> >BloodSource
> >Sacramento, CA
> >
> >
> >-----Original Message-----
> >From: William H Bowen [mailto:[EMAIL PROTECTED]
> >Sent: Tuesday, July 29, 2003 11:27 AM
> >To: CF-Community
> >Subject: Re: Child Tax Credit
> >
> >
> >Hey...I have two kids where's my Republicheck?
> >
> >will
> >
> >
> >Marlon Moyer wrote:
> >
> >  
> >
> >><soapbox>
> >>
> >>Okay, this is going to p$ss a lot of people off.  I just got my $1200.00
> >>check from the government yesterday.  Why, because I have 3 kids.  Do I
> >>    
> >>
> >need
> >  
> >
> >>it?  No.  Did I ask to be paid to have kids? No.  Am I going to spend it?
> >>No, I'll bank it for when the next administration decides that deficits
> >>really aren't that great of an idea.
> >>
> >>And before any of you say "send it here if you don't want it", I'm not
> >>saying that I don't want it.  I'm saying that there are more pressing needs
> >>right now than to give a $1200.00 tax credit to a six figure household,
> >>unless of course you're trying to get re-elected ( or elected depending on
> >>your view :) ) to a second term.
> >>
> >></soapbox>
> >>
> >>
> >>Marlon
> >>
> >>
> >>    
> >>
> >
> >
> 
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