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A refund is merely money you OVERPAID in taxes during the year, money you could have been earning interest on.
it's always better to have a tax bill on April 15th (up to a point) than to get a refund.
Aurel, you're right. state tax refund is only taxed... it's a government-made scam, kinda like Social Security.
Last edited by on-ramp; 02-11-2007 at 08:08 AM..
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