Thread: Thanks Barry.
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Old 01-30-2013, 10:49   #25
Dennis in MA
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Join Date: Aug 2001
Location: Taunton, MA
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Originally Posted by John_NJ View Post
You are smart to break even on your tax bill. Why give the government a free loan each year?

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Depends. At a 6% CD rate and a 5% savings acct rate (remember those days?) I'd agree with you.

At 0.25% rate, $5K in a refund means $6.25 in "lost interest." It may not be worth the while.

(FWIW - I almost ALWAYS owe.)
I cannot tell you how long this road shall be, but fear not the obstacles in your path, for fate has vouchsafed your reward. Though the road may wind, yea, your hearts grow weary, still shall ye follow them, even unto your salvation.
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