Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Surprise! You may have to pay back last year's tax credit
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Wednesday, November 18, 2009
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From Zero Hedge:

And you thought the government was not out to screw you.

According to a research report released by the Treasury Department's Inspector General for Tax Administration, over 15 million people may [owe] $250 (and in [some] cases more than $400) on the tax "credit" received earlier in the year, purely as a function of how the tax break was set up by the IRS.

The payment will come as either a smaller tax refund or larger tax bill.

Read full article...

More on taxes:

Barack Obama's sneaky tax lies

The best thing about taxes you'll read all month

Atlas Shrugged in action: NY governor says "tax the rich" isn't working

Topics: Taxes | Government Stupidity | Cruxallaneous
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