Quote:
Originally Posted by John_NJ
You are smart to break even on your tax bill. Why give the government a free loan each year?
Posted using Outdoor Hub Campfire |
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.)