#Tax Refund
Explore tagged Tumblr posts
bitchesgetriches · 20 days ago
Note
For taxes anon - Not a professional but you can look up the minimum amount you have to make to be required to file income taxes, you don't have to file if you make less than a certain amount. It may be possible to request an extension to the deadline. You can also retroactively file your taxes for past tax years you did not file, up to a certain point. I hope you are able to get to a better situation. ❤️
Exactly! From our taxes how-to article:
As of 2025, here are the parameters for how much money (at minimum) you have to make in order to be required to file taxes:
Single filing status:
$14,600 if under age 65
$16,550 if age 65 or older
Married filing jointly:
$29,200 if both spouses under age 65
$30,750 if one spouse under age 65 and one age 65 or older
$32,300 if both spouses age 65 or older
Married filing separately:
$5 for all ages (this is not a typo)
Head of household:
$21,900 if under age 65
$23,850 if age 65 or older
Qualifying surviving spouse with dependent child:
$29,200 if under age 65
$30,750 if age 65 or older
You can read the whole thing here:
How to File Your Taxes FOR FREE in 2025: Simple Instructions for the Stressed-out Taxpayer 
Did we just help you out? Say thanks by donating!
52 notes · View notes
thebrickdwarf · 29 days ago
Text
Tumblr media
Robin Hoof
I was inspired by an medieval image of a hybrid between a four legged animal and a human that looked kind of like what we imagine Robin Hood looked like (think Errol Flynn Robin Hood). The arms are from Crazy arms. Great for some alternative posing.
38 notes · View notes
mrorel · 3 months ago
Text
The IRS Layoffs
The last I heard, 6000 employees of the IRS have been let go.  This one makes no sense to me.  The IRS is set up and governed by rules and regulation set by Congress.  For the upper to lower middle class, for every dollar that is spent on audits, the IRS brings in one dollar, they break even.  For the upper class, the millionaires and above, for every dollar spent, the return is $12 to the government, an $11 profit.
Personally, I fucked up twice with the IRS.  I was young and stupid (today I am no longer young), I just didn't pay or file my taxes for two years. The agent who HELPED me, couldn't be nicer.  Make no mistake, I had to pay and every dime I make since then gets reported.  
So with 6000 thousand layoffs, who is going to answer the phone when some stupid-young kid calls because s/he got that letter?  Those penalties and intrest won't stop.  Who's going to process those tax refunds?  Who does this really hurt? Trump and the the Republicans had both Houses and the Presidency for two years previously and today.  If they don't like what the IRS is doing they have the ability to change it.  Firing 6000 employees solves nothing. 
Washington D.C. isn't a swamp ... it's the Borg ... "Resistance is futile".  They will be assimilated or destroyed.
25 notes · View notes
beastmans-world · 2 months ago
Text
Tumblr media Tumblr media Tumblr media Tumblr media Tumblr media
Tax refund sauce if interested hmu on tele
t.me/beastman0
3 notes · View notes
propicsmedia · 1 year ago
Text
Still, awaiting your GST or Tax refund? Get it earlier than your family and friends like over 1 million other Canadians. The Secret? https://web.koho.ca/referral/RV2TV073
Get your FREE ACCOUNT HERE. Canadian Accounts with cash back, high-interest rates and free over-draft protection to name a few benefits. #directdeposit #GST #incometax #familybonus #childtaxcredit #workingbenefit Refunds #credit #deposit #banking #finaince #overdraft #freeaccounts #badcreditok #mastercarddebitcard #rewards #incometaxrefund #CRAdirectdeposit #GSTcredit #GSTcreditpayment #childtaxpayment #earlydeposit #mastercarddebitcard
5 notes · View notes
actualbluesargent · 2 years ago
Text
Tracking Your Tax Refund: A Comprehensive Guide by a Renowned Tax Expert
Curious about the whereabouts of your tax refund? Fear not, for I shall provide you with a meticulous, step-by-step manual on effortlessly tracking your refund and acquiring the answers you seek with Where’s My Return. When eagerly anticipating the arrival of your tax refund, the absence of knowledge regarding its progress can be exasperating. Thankfully, there exist simple measures you can…
Tumblr media
View On WordPress
5 notes · View notes
the-other-jugs · 2 years ago
Text
Radical thought but I think a person whose Sole form of Income is a Benefit or Benefit Supplements shouldn't be taxed AT ALL
This post brought to you by finding out I paid $65 in tax this year and am eligible for a refund of 7c
If I hadn't been taxed $65 that could've been the new pair of shoes I need or new clothes or 6 months of car rego or or you get the picture
Also apparently I don't qualify for the Cost of Living payments because I'm on a Benefit but I'm not on a Benefit I'm getting Benefit Supplement payments but IRD think any payment from MSD is a Benefit and I'm so angry I could chew glass cause thats an extra $130 x 3 which would be so helpful
4 notes · View notes
taxduk · 4 hours ago
Text
A Step-by-Step Guide to Completing HS304: A Must-Know for Expats and Taxpayers
If you’ve ever found yourself feeling overwhelmed by tax forms, you’re not alone. For many, the HS304 form can be particularly confusing. If you’re an expatriate or someone leaving the UK, understanding how to complete the HS304 form is essential. It’s a tax document that plays a pivotal role in ensuring you're taxed correctly when you leave the UK, so it’s worth taking the time to understand.
Tumblr media
What is the HS304 Form?
The HS304 form is specifically designed for individuals who are leaving the UK and need to complete their tax return for the year of departure. It's part of the Self Assessment process that helps determine whether you're eligible for a tax refund or owe additional taxes after leaving the UK. Essentially, this form helps to ensure that you pay the right amount of tax based on your final year’s earnings and that you're no longer taxed as a UK resident after you’ve left.
Why Is Completing the HS304 Important?
You might be wondering why you can't simply skip the form if you’ve already left the UK. Well, here’s the thing: If you fail to submit the HS304 correctly, you could be overtaxed or even miss out on a tax refund. The form is a necessary step in calculating your exact tax liability during your final year as a UK resident.
By completing this form, you not only ensure you’re paying the right amount of tax, but you also signal to HMRC that you’ve left the UK, preventing them from continuing to tax you as a UK resident. Plus, depending on your situation, you might be entitled to a refund if you’ve overpaid taxes.
Step-by-Step Guide: How to Complete HS304
So, how do you actually complete the HS304 form? The process might seem complicated, but breaking it down step-by-step makes it much easier to follow. Here’s a simple guide:
Gather Necessary Information Before diving into the form, gather all relevant information about your income, tax paid, and details about your departure from the UK. This includes things like your P60 (if you were employed), P45 (if you’ve left a job), and any other documents relating to your earnings during the tax year.
Start with Your Personal Details The first section of the form will ask for your personal information. This includes your name, address, National Insurance number, and details of your departure date. Be sure to include the exact date you left the UK—this is important for determining your residency status.
Provide Income Information In this section, you’ll need to report your income from all sources—employment, self-employment, rental income, or other earnings. If you’ve worked in the UK during the year, provide your gross income and the tax already paid. If you were self-employed, ensure you list your earnings and expenses.
Claiming Tax Relief or Deductions You might be eligible for tax relief depending on your situation. For example, if you’re entitled to claim relief for the part of the year you were a UK resident, or if there are expenses you’ve incurred while working abroad, make sure to detail them in this section.
Complete the Residency Information This part is crucial. You’ll need to indicate whether you’re now a non-resident for tax purposes and provide information on when your UK residency ended. The form asks whether you intend to stay outside the UK permanently, temporarily, or whether you are moving to a country with a double taxation agreement (DTA) with the UK.
Double Check Everything Before submitting the form, make sure that all of your information is accurate. Double-check your income figures, relief claims, and residency status. Errors can delay your refund or lead to penalties, so it's essential that everything is correct.
Submit the Form to HMRC Once you’ve completed the HS304, you can submit it online via your Self Assessment account or send it by post to HMRC. It’s important to submit the form on time to avoid fines. The deadline for submitting your final year’s Self Assessment is generally January 31st following the tax year of departure.
Common Mistakes to Avoid When Completing HS304
While the HS304 form might seem straightforward, there are a few common mistakes that could lead to complications. For example, not reporting all income sources or failing to declare the correct departure date could result in inaccurate tax calculations. Always keep thorough records and seek advice if you’re unsure about any part of the form.
The Bottom Line
Completing the HS304 form might not be the most exciting task, but it’s one that you can’t afford to ignore if you’ve left the UK. Whether you’re claiming a refund or simply ensuring you’ve paid the right amount of tax, the form plays a crucial role in wrapping up your UK tax responsibilities. Take your time, follow the steps carefully, and don’t hesitate to seek professional help if needed.
Key Takeaways:
The HS304 form is crucial for anyone leaving the UK and needs to be completed accurately.
The form helps ensure you're not overtaxed or under-taxed after leaving the UK.
Double-check all your personal, income, and residency information before submitting.
By following these simple steps, you’ll be able to navigate How to complete HS304 with confidence, ensuring that your tax matters are fully sorted when you leave the UK. Whether you're unsure about your residency status or need to report your final income, understanding How to complete HS304 is crucial to ensure you're not overtaxed or under-taxed. The process might seem complicated, but breaking it down into manageable parts makes it easier to handle.
0 notes
communitybankna · 15 days ago
Text
0 notes
lurking-irl · 29 days ago
Text
omg yall my tax return came back!! i should TOTALLY use the the money ($20) to treat myself ($120)
0 notes
bitchesgetriches · 1 month ago
Note
Hey auntie bitches!
This tax season I was wondering about how much we trust credit karma with our taxes? It’s a bit of a question inside of a question.
For context:
So funny enough I already did my taxes; I’m lucky enough that my parents have a lady with her own business that’s been doing them for a good 10+ years now. I don’t want to think she’s messing anything up but…. My refund this year was $159 and her price is $150. Last year I owed $4 which obviously isn’t crazy but considering the year before that I got a refund of I think around $300, it felt like such crazy gap when I don’t think my situations have changed that much. Naturally that’s got me wondering if somethings changed in her business. Last year she did my taxes a week before the deadline despite having my info literally the second I got it, months ahead of time. Last year she did my parents taxes LATE. She was able to get some kind of legal extension so it doesn’t really hurt anything but it’s a weird change of pace.
Imagine my utter confusion and heartbreak when I get my meager $9 refund and then I go onto credit karma to check my scores and I see that it estimates that I can get back $1.2K to $1.4K back, enough to pay off my highest credit card (the only one that has a balance I can’t simply pay off in full next check).
So do I ditch my tax lady? If so, do I give into the siren song of credit karmas thousand dollar offer?
My darling child, depending on your situation you should not be paying ANYONE--not Credit Karma, not your tax lady--to do your taxes for you. You can file them yourself, for free, if you want. Here's how:
How to File Your Taxes FOR FREE in 2025: Simple Instructions for the Stressed-out Taxpayer 
Now, that said, the fact that she's been late in the past would be enough for me to go elsewhere for tax prep. But again, I strongly encourage you to try doing it yourself.
All that said, you're also welcome to give Credit Karma a shot. I personally don't use them because they're part of the predatory tax preparer lobby (along with H&R Block, TurboTax, etc). But there's no shame in using them if you need to. As far as I know they won't rip you off.
One last note: even if YOUR situation doesn't change year to year, the government's does. Your tax return depends on changes in the annual tax code. More on that here:
{ MASTERPOST } Everything You Need To Know About Taxes
Did we just help you out? Say thanks by joining our Patreon!
30 notes · View notes
spaciousreasoning · 1 month ago
Text
Another Path Taken
My brother Tim’s birthday is today. He turns 67. There’s a card in the mail to him, but I’m not sure it will make it there on time. The Post Office is going through a rough patch, like much of the rest of the country. (Plus, it turns out he’s visiting Florida, enjoying his retirement. The card will certainly be there waiting for him when he gets home.)
It warmed up to 66 degrees this afternoon, after dropping down to just 48 last night. There was a little dampness during the night, but rain avoided us all day long, and we managed to enjoy some of the day’s sunshine.
My blood sugar was back up to 178 this morning. Not really sure why, other than it likes to bounce around. After having our coffee and playing the morning brain games, I dived back into reading the Sandford book. The end was getting close.
We made oatmeal for breakfast, then I finished reading the book. It did not end with justice for the psychotic serial killer. It screeched to a halt before the end of the trial. I was disappointed and not terribly happy. There were plenty similar reactions from readers online, one of them suggesting that it might be resolved in the next book in the series. I guess we will have to wait to find out.
I tried to shake off my frustration by diving into some computer stuff. When the mail came, there was a letter from the Oregon Department of Revenue, requesting copies of our IDs and other paperwork before processing the refund we were due from our tax filings. I checked with the fellow who did our taxes, and he said it was not unusual. He also suggested it might have had something to do with it being our first filing in the state. Fortunately, we can provide what is need via an online portal. We’re only getting back $75, but I guess it’s worth it.
For lunch we made sandwiches and had them with potato chips. Then, since there it was sunny and warm, we went out for a short walk along the By-Gully Bike Path. Running south of OR 126, the path is part of a longer excursion suggested by one of the selections in the book of Eugene and Springfield walks that Kathleen got me for Christmas.
Nancy and I did not want to do the entire five miles of the designated walk, so we wandered along the part of the path where a couple of big Simpsons murals are painted. We see them every time we drive along that part of the highway, but we had never gotten close enough to take pictures.
After seeing the murals, we walked off the path into the neighborhood and wandered back along some other streets to where we had parked. One of the places we passed was Homes for Good, Lane County’s housing agency. Its primary work is to help low-income residents with the logistics of affordable housing and to get every Lane County resident who needs help into a home.
When we got home, it was time for a nap. When I woke up, I found several ants crawling on me and the bed, so Nancy and I checked the window sill above the bed and discovered an active trail. We put out one of the ant traps we bought recently and have crossed our fingers. With spring coming, we expect to see ants invading again.
Nancy started some rice for our dinner and sat down with a glass of wine. I kept her company while reading the Provençal mystery I had set aside while devouring “Lethal Prey.”
In addition to rice, we had coconut chicken and oven-roasted broccoli and green beans. I helped with a little bit of the cleaning before I headed off for a new meeting.
Since I had opted out of the usual Tuesday recovery meeting, I decided to check out a Wednesday meeting I had never attended. The meeting room was in the gym of a church just across I-5 in Eugene. I arrived in time to help set up a circle of 50 chairs, which wound up being occupied by just 32 people, 12 of whom I knew from other meetings I have attended.
Back at home afterwards, Nancy and I streamed Colbert’s Tuesday night program, which included Woody Harrelson taking the “Questionnert.” Author Michael Lewis also appeared and discussed his new book, “Who Is Government?”
We followed that with the final episode from the current season of “Finding Your Roots,” in which Henry Louis Gates, Jr., dug up some personal history for actor Laurence Fishburne III. Gates also got some answers to questions about his own family history from CeCe Moore, a specialist in genealogy.
It appears that the rain may return late tomorrow afternoon. Before then, however, it may get even warmer than today, with a high of 67 degrees. The low tonight will be around 45. If the rain does hold off, we might have a chance to get out and have more adventures.
0 notes
dailyfinancial · 2 months ago
Text
Below the Tax Limit: Why Filing ITR is a Must, Even If You Don’t Pay Taxes
” Why filing an Income Tax Return (ITR) is beneficial, even if your income is below the taxable limit. Learn about tax refunds, financial stability, visa processing, and more. Stay compliant and unlock hidden advantages with this comprehensive guide to ITR filing for low-income earners.” Understanding the importance of filing an Income Tax Return (ITR) is crucial, even if your income falls below…
0 notes
webtodayteche · 2 months ago
Text
How to Make the Most of Your 2025 Tax Refund: Smart Investment Tips
Tumblr media
Tax refund is a euphoric experience for anyone. But using that additional cash in the optimal manner is vital to derive maximum benefits from it. In 2025, wise investment will yield long-term returns. Given below are a few tips on how to maximize your tax refund. 1. Establish an Emergency Fund One of the key first steps towards financial security is to establish an emergency fund. If you don't already have one, consider how you can start or increase one using your tax refund. Economists recommend saving three to six months' worth of living costs. This cushion will be beneficial to you if you face an unexpected loss of a job, unforeseen medical bills, or other setbacks. By creating this cushion, you will be able to avoid using high-cost loans in a recession. 2. Save in Retirement Accounts Another vast idea is to reinvest your refund in a retirement account. Investing in an IRA or 401(k) lets you save for the future and earn tax benefits at the same time. Your money will grow tax-deferred, and you won't pay taxes until you retire. A tax refund is an excellent time to stock up on your retirement funds if you didn't have the chance to contribute throughout the year. 3. Retire High-Interest Debt If you carry high-interest debt, it makes sense to pay it off using your tax refund. Credit card and payday loan balances usually accrue high interest rates, and that can build up quickly. Paying this debt off frees you from the trap of interest fees and will improve your credit rating.��It also provides more flexibility in the long run. 4. Start Investing in Stocks or Mutual Funds If you’ve built an emergency fund and contributed to retirement savings, consider putting some of your refund into investments. Stocks and mutual funds are popular ways to grow wealth over time. While they do come with some risks, they offer higher returns compared to savings accounts. It’s essential to do thorough research or consult with a financial advisor before making any investments. 5. Spend Your Tax Refund on Your Education or Skills Another great place to spend your tax refund is on an investment in yourself. Spend the money on education or skill-building courses. Whether learning a new language, an online course, or a certification, increasing your skills can result in new job opportunities and increased income. Over time, this type of investment can pay great dividends. Conclusion Investing your 2025 tax refund wisely can lead to greater financial security and prosperity. You can invest in a brighter future by establishing an emergency fund, saving for retirement, paying off debt, or exploring investment options. Take action now, and have your tax refund work for you.
0 notes
taxduk · 9 hours ago
Text
How to Register for a UTR Number and Claim Your Tax Refund: A Complete Guide
Starting a new business, becoming self-employed, or even having additional income from freelance work comes with many new responsibilities. One of the first questions you might ask when diving into UK taxation is: "How to  register for a UTR number?"
Tumblr media
Whether you're a freelancer, business owner, or someone receiving untaxed income, understanding the process of obtaining a UTR number and the UTR application process is crucial. But that’s not all. If you’re planning to leave the UK or stop your self-employment, you might also be curious about how to use tools like the P85 tax refund calculator to claim your tax refund.
In this guide, we’ll walk you through everything you need to know about registering for a UTR number, completing the UTR application, and using the P85 tax refund calculator to get the most out of your tax situation.
Chapter 1: What is a UTR Number and Why Do You Need One?
Before we dive into how to register for a UTR number, let’s take a step back to understand why this number is important. The Unique Taxpayer Reference (UTR) is a 10-digit number issued by HMRC (Her Majesty's Revenue and Customs) to identify you for tax purposes. It is used in the UK tax system for individuals who are self-employed, earning untaxed income, or operating as company directors.
But why do you need it?
Filing Tax Returns: If you are self-employed or earn income outside of the PAYE system, you will need a UTR to submit your Self Assessment tax return.
Claiming Tax Refunds: If you've overpaid taxes, you will need your UTR number to claim your refund from HMRC.
Paying Taxes: This number is required for HMRC to track your payments and ensure you're paying the right amount of tax based on your income.
Chapter 2: How to Register for a UTR Number
Now that you understand why the UTR number is essential, let’s talk about how to register for a UTR number. Whether you’re self-employed, a freelancer, or a business owner, the process of registration is relatively simple if you follow these steps.
Step 1: Determine If You Need to Register for Self-Assessment
You will need a UTR number if you are required to file a Self Assessment tax return. The most common scenarios include:
You are self-employed and earn income that isn’t subject to tax deductions through PAYE (Pay As You Earn).
You receive rental income from property.
You have investment income (such as dividends or interest).
You are a company director.
If you’re unsure whether you need to register, HMRC provides guidelines to help determine whether you're required to file a Self Assessment.
Step 2: Register for Self-Assessment with HMRC
To get your UTR number, you must first register for Self Assessment with HMRC. Here’s how:
Create a Government Gateway Account: Go to the HMRC website and create an account if you don’t already have one. This account is where you’ll manage all your tax-related matters.
Provide Personal Information: You will need to supply your personal details, including your National Insurance number, date of birth, address, and contact information.
Choose Your Tax Status: During the registration process, you will be asked to select your tax status. This is where you’ll indicate whether you’re self-employed, a freelancer, or have other sources of untaxed income.
Submit Your Application: After you’ve filled out the registration form, submit it to HMRC. If you’re applying for a UTR number for the first time, it can take up to 10 working days to receive it by post.
For those who are registering for Self Assessment due to leaving the UK, HMRC may take a bit longer, sometimes up to 21 days.
Step 3: What Happens After Registration?
Once you’ve registered, HMRC will send you your UTR number via mail. This number will be essential for filing your taxes, paying your tax liabilities, and applying for refunds. Be sure to keep this number in a safe place, as you’ll need it each year for tax filings.
Chapter 3: How to Apply for a UTR Number
Now that you know how to register for a UTR number, the next question is: How do I apply for a UTR number if I haven’t yet registered for Self Assessment?
If you're self-employed or have untaxed income and haven’t yet registered with HMRC, the UTR application process is part of your Self Assessment registration. There’s no separate application for just the UTR number; you’ll apply for it by registering for Self Assessment.
For individuals who have missed the registration deadline, there may be late registration penalties. Make sure to register for Self Assessment as soon as possible to avoid any fines.
Chapter 4: Using the P85 Tax Refund Calculator
Once you have your UTR number and have filed your Self Assessment, you may find yourself in a situation where you’re entitled to a tax refund. This often happens when you’ve overpaid taxes during the year or if you've left the UK before the end of the tax year.
For people leaving the UK, the P85 form helps you claim a tax refund. The P85 tax refund calculator is a helpful tool that guides you through the process of calculating how much tax you might get back.
Step 1: What is the P85 Tax Refund?
The P85 form is used by individuals who are leaving the UK to inform HMRC of their departure and to claim a tax refund. If you were working in the UK and paid more tax than you owed, you might be eligible for a refund once you’ve left the country.
Step 2: How to Use the P85 Tax Refund Calculator
To use the P85 tax refund calculator, follow these steps:
Visit the HMRC Website: Go to the official HMRC site and navigate to the P85 section.
Complete the P85 Form: You will need to fill out a form detailing your earnings, tax paid, and your departure date.
Enter Your Income Information: The calculator will ask for information about the amount of income you earned while in the UK. This is important because the tax refund will depend on how much tax you’ve paid versus how much you should have paid.
Review Your Taxable Earnings: After entering all necessary information, the calculator will calculate how much tax you should have paid, and whether you’re due for a refund.
Submit Your Application: Once the calculation is complete, you can submit the P85 form and request your refund. HMRC will then process your refund and send it to you, typically within 4 to 6 weeks.
Step 3: Why Use the P85 Tax Refund Calculator?
Using the P85 tax refund calculator allows you to quickly assess your eligibility for a refund. It’s especially useful if you’re leaving the UK permanently or temporarily, as it helps you avoid overpaying taxes. The P85 form also lets you reclaim any tax relief you’re entitled to, based on your residency status and income while in the UK.
Chapter 5: Common Mistakes and How to Avoid Them
While applying for a UTR number, registering for Self Assessment, and using tools like the P85 tax refund calculator might seem straightforward, there are a few common mistakes people make that can cause unnecessary stress or delays.
Not Registering on Time: As mentioned earlier, you need to register for Self Assessment by 5th October of your second tax year of self-employment. Missing this deadline can result in fines.
Incorrect Information on the P85: If you’re using the P85 tax refund calculator, be sure all the information you enter is accurate. Mistakes in your income reporting or departure date can delay your refund.
Not Keeping Records: HMRC requires detailed records of your income and expenses for your Self Assessment. Failure to keep accurate records can lead to errors in your tax filings and missed opportunities for tax refunds.
Delaying Your Tax Filing: The later you file your Self Assessment tax return, the more likely you are to miss out on a potential tax refund or face penalties. Aim to file early to avoid the last-minute rush.
Chapter 6: Final Thoughts
Whether you’re just starting as a freelancer or planning to leave the UK, understanding how to register for a UTR number and how to complete the UTR application process is essential for managing your taxes. Armed with your UTR number, you can file tax returns, claim tax refunds, and stay compliant with UK tax laws.
Furthermore, if you’re leaving the UK, the P85 tax refund calculator can be a valuable tool for ensuring that you get the refund you deserve. By staying on top of your tax filings and making sure all your information is accurate, you can navigate the
0 notes
sihryx · 2 months ago
Text
Tumblr media
Happy tax refund day to those who celebrate!
1 note · View note