this post was submitted on 24 Mar 2025
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Originally Posted By u/transcendent167 At 2025-03-23 06:40:34 PM | Source


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[–] psycho_driver@lemmy.world 15 points 3 months ago

#1 tax avoider pictured. Well, probably #2, we all know who #1 is.

[–] BaroqueInMind@lemmy.one 6 points 3 months ago (3 children)

If you skip filing, they simply keep the surplus taxes you/your employer overpaid that they owe you, so this is a stupid headline.

[–] LemmyFeed@lemmy.dbzer0.com 9 points 3 months ago

It's probably referring to businesses which often times do owe taxes at the end of the year.

[–] usualsuspect191@lemmy.ca 5 points 3 months ago

Not everyone who files ends up with a refund

[–] neatchee@lemmy.world 2 points 3 months ago

This really only applies to full time employees on a W-2 who also declared less than the actual number of exemptions they are eligible for.

Personally I always declare no exemptions, let them take the maximum amount, and then enjoy my fat return every March.

But lots of people claim too many exemptions for withholdings and end up owing money, are on a 1099 and don't have withholdings at all so need to pay their full taxes at the end of the year, or are a business and always owe taxes at the end of the year (unless they have fancy deductions to offset or defer their tax burden)