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Current Events => The DUmpster => Topic started by: Carl on January 30, 2010, 08:45:20 AM

Title: Earth to Washington--Half of us aren't eligible for non refundable tax credits b
Post by: Carl on January 30, 2010, 08:45:20 AM

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x7606129

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European Socialist (1000+ posts)        Sat Jan-30-10 04:04 AM
Original message
Earth to Washington--Half of us aren't eligible for non refundable tax credits because of low income
   
Edited on Sat Jan-30-10 04:06 AM by European Socialist
Thought I would be getting a $800 energy credit. Turns out "making work pay" provision turned it into $68 by lowering tax liability. The IRS takes money out of one pocket and puts it in the other.

The DUmmy is pissed because instead of getting 800 "free" dollars his taxes were reduced by 732.00.  :rotf: :rotf:

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European Socialist (1000+ posts)        Sat Jan-30-10 04:39 AM
Response to Original message
1. Why unrec?--credits should help everyone.

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FLDCVADem (933 posts)        Sat Jan-30-10 07:22 AM
Response to Reply #1
5. It did help you
   It reduced your tax liability. That's money in your pocket.

Earth to DUmmy--you are an idiot.

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thunder rising (1000+ posts)          Sat Jan-30-10 09:08 AM
Response to Reply #5
8. Yes it did. Now, go hire a tax lawyer to complete your return and it's all yours.

Maybe you can get one that will do your return for 800.00,then you will be even.

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dmosh42 (912 posts)        Sat Jan-30-10 04:40 AM
Response to Original message
2. I just found out the same result, as I added my roof material cost..
   into my tax program. Funny, how they didn't mention how that would work when we bought these products. They should have been a deduction, instead of being a credit.

I`M NOT GETTING FREEEE MONEY!!!!!  (http://img.photobucket.com/albums/v204/carlr/tantrum.gif)

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rockfireplace (8 posts)        Sat Jan-30-10 09:00 AM
Response to Original message
7. It appears it is one or the other and not both. Rip off.
   How many people invested in energy saving investments thinking they would get part of the cost back on top of the tax cut and they don't.

Rip off.

I have no words to describe how stupid you are.

Title: Re: Earth to Washington--Half of us aren't eligible for non refundable tax credits b
Post by: lastparker on January 30, 2010, 09:18:57 AM

What???  Uncle Sugar isn't filling my mailbox with checks?

Get the Whambulance.

Title: Re: Earth to Washington--Half of us aren't eligible for non refundable tax credi
Post by: BEG on January 30, 2010, 09:45:03 AM

Have they figured out yet that they have to pay back their "tax refund" that Obama "gave" them.   

Title: Re: Earth to Washington--Half of us aren't eligible for non refundable tax credi
Post by: BadCat on January 30, 2010, 10:10:17 AM

Quote from: BEG on January 30, 2010, 09:45:03 AM

Have they figured out yet that they have to pay back their "tax refund" that Obama "gave" them.   

They will in the next month or so.

Title: Re: Earth to Washington--Half of us aren't eligible for non refundable tax credits b
Post by: NHSparky on January 30, 2010, 11:53:39 AM

Thankfully, I saw it coming and didn't pre-spend my refund at Rent-A-Center like the DUmmies did.

Title: Re: Earth to Washington--Half of us aren't eligible for non refundable tax credits b
Post by: JohnnyReb on January 30, 2010, 01:21:50 PM

What Lord Obama giveth, he also taketh away.....with interest.