Quote:
Originally Posted by kmfarm
I file electronically cussing the whole time.
I can't believe that we get taxed on last years refund. This is money that is simply refunded from an overpayment from the prior year. It's not income! Then, you can be penalized if you don't withold enough to get a refund where you then get the double tax.
They got us coming and going.
Mark
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What a system we have and if you are required to pay additional taxes that amount can not be deducted from your income even though it is revenue for the goverment. So you pay taxes on taxes.
What are you gonna do?
