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-   -   tax return (https://www.revscene.net/forums/608667-tax-return.html)

syee 04-01-2010 03:51 PM
Got my refund within a week too via Netfile and direct deposit...that's pretty quick compared to other years. $4200 refund. I really need to figure out how to adjust the amount of tax they're taking so I break even. I'd rather have the money in my pocket now than wait till the end of the year for it. That works out to an extra $175 every paycheck!

misteranswer 04-01-2010 04:57 PM
Quote:
Originally Posted by syee (Post 6890369)
Got my refund within a week too via Netfile and direct deposit...that's pretty quick compared to other years. $4200 refund. I really need to figure out how to adjust the amount of tax they're taking so I break even. I'd rather have the money in my pocket now than wait till the end of the year for it. That works out to an extra $175 every paycheck!
Are you getting the big refunds because of deductions such as RRSP contributions?

syee 04-01-2010 05:17 PM
Quote:
Originally Posted by misteranswer (Post 6890444)
Are you getting the big refunds because of deductions such as RRSP contributions?
I do max out my RRSPs, but I think the bulk of they overpayment probably comes from my bonuses. The taxes they pull out of that end up being close to 40% of the bonus cheque.

misteranswer 04-01-2010 05:36 PM
Quote:
Originally Posted by syee (Post 6890454)
I do max out my RRSPs, but I think the bulk of they overpayment probably comes from my bonuses. The taxes they pull out of that end up being close to 40% of the bonus cheque.
Well if you're close to 6 figures, then they're suppose to take about 40%.

hk20000 04-01-2010 09:29 PM
I got my cheque back too just the regular $75 but money is money.


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