income taxes/tax return/compliant serversgreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
This question regards my income tax filing and tax return. Can I file and get my tax refund before Jan. 1, 2000? I always get the earned income credit and would like to have that before D-day. I normally file around early April because sometimes it takes forever to get my statements that I need for filing, eg. W2, bank interest statements, etc. Would it be wise to take maximum deductions in 99 so that nothing is taken out of my check, in the event that I wouldn't get it back anyway due to the y2k chaos that may ensue with the IRS? And has anyone asked their internet server whether they are compliant? Comments and opinions appreciated, Johan
-- johan (email@example.com), September 11, 1998
No, you could not get your refund for 1999 before Jan. 1, 2000.
-- Buddy Y. (firstname.lastname@example.org), September 11, 1998.
>>Would it be wise to take maximum deductions in 99 so that nothing is taken out of my check,<<
No, not _maximim_ deductions. But more than you have now. You don't want to tip 'em off, right? But up the deductions, so they owe you money, not vice versa.
Probably you'll want to do this in December 98, because this tactic will likely get outlawed in '99.
-- John Doe (email@example.com), September 11, 1998.