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Post by biancarose on Dec 29, 2010 7:42:30 GMT -5
Tax returns and extra money! I'm so excited!
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Post by Mr. Tuxedo on Dec 29, 2010 7:43:20 GMT -5
I'm probably going to have to pay a sizable chunk
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Post by Black Eyed Peas on Dec 29, 2010 7:43:35 GMT -5
not sure on the exact amount but i should get back at least 1500
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Post by George WB on Dec 29, 2010 7:43:47 GMT -5
Our financial year ends on 30 June. I couldn't imagine having the last day of the financial year new years eve.
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Post by Mr. Tuxedo on Dec 29, 2010 7:43:59 GMT -5
jan 1 - dec 31 makes perfect sense
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Post by George WB on Dec 29, 2010 7:44:20 GMT -5
United States The U.S. government's fiscal year begins on October 1 of the previous calendar year and ends on September 30 of the year with which it is numbered. Prior to 1976, the fiscal year began on July 1 and ended on June 30. The Congressional Budget and Impoundment Control Act of 1974 stipulated the change to allow Congress more time to arrive at a budget each year, and provided for what is known as the "transitional quarter" from July 1, 1976 to September 30, 1976. As stated above, the tax year for a business is governed by the fiscal year it chooses. For example, the United States government fiscal year for 2011 ("FY 2011" or "FY11") is as follows: * 1st Quarter: October 1, 2010 - December 31, 2010 * 2nd Quarter: January 1, 2011 - March 31, 2011 * 3rd Quarter: April 1, 2011 - June 30, 2011 * 4th Quarter: July 1, 2011 - September 30, 2011 en.wikipedia.org/wiki/Fiscal_year
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Post by Mr. Tuxedo on Dec 29, 2010 7:44:44 GMT -5
this has nothing to do with personal tax returns
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Post by Jaxon on Dec 29, 2010 7:44:57 GMT -5
this more or less effects the government and their spendings. Especially in the military.
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Post by Black Eyed Peas on Dec 29, 2010 7:45:30 GMT -5
the tax year is based on the calendar year for personal returns
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Post by Nesco87 on Dec 29, 2010 7:45:53 GMT -5
$1500 in obama bucks due to me this year least I get some benefit from his presidency
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Post by Jaxon on Dec 29, 2010 7:46:23 GMT -5
I only had 4 months of taxable income this year. Damn small return. Oh wells, lot's of tax free monies !!!
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Post by Juliet Long on Dec 29, 2010 7:47:06 GMT -5
How do some of you get so much back??
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Post by Mr. Tuxedo on Dec 29, 2010 7:47:22 GMT -5
We pay a lot into it.
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Post by Mr. White on Dec 29, 2010 9:39:56 GMT -5
Cant wait for my refund.
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Post by Alexander on Dec 29, 2010 13:43:46 GMT -5
I'll be getting $100 max
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