Just this past Monday, I got online and submitted my request for my Montana property tax refund. Just got back from the Griz game, picked up my mail and was greeted with a nice $400 check from Helena - in less than a week! I just about fell out of my old SUV!
To answer Scoop's question on how I'm going to spend it, it will be spent outfitting my kid for back to school clothing and supplies. I'm going to help generate economic activity in Missoula. It's nice having some of my money back to spend as I wish. And spend it I will!
Depending on your tax situation, you might have wanted to wait until the end of the year to file for the refund. By filing for the refund at the end of December, you would not get the money until January, which means you would have about 15 months before you had to declare it as income (April, 2009).
ReplyDeleteIf you do not itemize your Montana taxes (you took no deduction for property taxes), then it doesn’t matter when you receive the refund.
My guess is, probably a lot of people screwed themselves by jumping at the money right away, because a lot of people itemize their deductions in Montana. That might also explain why the state is so overjoyed with the number of people who have applied so far.
Well, that's good news, Andy. Congratulations. Arizona is in a less favorable position, and tax revenues are down. No refunds for us this year, and bad news for next year.
ReplyDeleteMeanwhile, if you have any pennies left over, you might want to send them to the federal government. The tax cuts and heavy expenditures Mr. Bush gave us leave us with an unprecedented debt.
Out-of-control spending on entitlement programs--mostly created by the Democrats--left us with the debt, Steve Jones.
ReplyDeleteMaybe so, vol-x, but at least when the entitlement programs distribute their money, it comes back to we, the people of the United States of America.
ReplyDeleteSince I am a stockholder in General Dynamics, I am extremely happy that General Dynamics does a great deal of business with the federal government. I'm a very satisfied capitalist, and have no problem with that sort of debt. In fact, I love it. I am happy to invest in the United States of America.
But I'm worried about the 9.3 trillion that we, the people, owe in part to friggin' Red China and the blasted Saudis. I can't invest in China or in Saudi Arabia, so can't make a profit on that debt.
The Chinese and the Saudis, our allies in the GWOT (tm) won't let me invest in their dollar-gobbling enterprises, because I am an American.
How sick is that?
As for you noting that "the Democrats left us with all this debt", I want you to look up the facts. Tell me: when did Ronald Reagan, George H. W. Bush, or his fat-headed son, George W. Bush, ever present a balanced budget to Congress?