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    lisamatt's Avatar
    lisamatt Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 3, 2008, 09:43 PM
    No federal
    No federal was taken out, Will I still be able to receive a return?
    JBeaucaire's Avatar
    JBeaucaire Posts: 5,426, Reputation: 997
    Software Expert
     
    #2

    Feb 3, 2008, 11:04 PM
    Only doing your tax return can determine that. Most likely not, you are more than likely going to write them a check.

    FYI, I make sure my tax federal withholding is accurate, not designed to create a "return". A return, especially a BIG return, means "my money the government took from me interest-free and will only give it back if I demand it." Would you let your sister snag $150-200 bucks a month from your account and have to demand it back every year? Nah, you wouldn't.

    My withholding is correct, and each year I write a small check, less than $500. Better than getting money back since it meant I got to keep and use all my money last year without giving free loans to the gov.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Feb 4, 2008, 01:54 PM
    Agreed!

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