• ramble81@lemm.ee
    link
    fedilink
    arrow-up
    17
    arrow-down
    1
    ·
    10 months ago

    So I’d make a few bucks in interest off it. I’d rather give it to them for a nice little payday around March and to not have the stress of trying to hit close to zero without owing.

    • shalafi@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      10 months ago

      Yep! You’re making pennies on bank interest. Dial in your W4 tight if you wish, but the feds aren’t getting much over on ya.

      • RiderExMachina@lemmy.ml
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        2
        ·
        edit-2
        10 months ago

        With my current bank, my return would have gotten me nearly $100 in interest over the last year.

        • zaphod@lemmy.ca
          link
          fedilink
          English
          arrow-up
          2
          ·
          10 months ago

          Yup. Folks seems to be oblivious to the fact that increased interest rates mean savings accounts are pretty decent these days if you shop around. I’m getting 4.5% in a high interest savings account which would’ve unthinkable a few years ago.

        • ramble81@lemm.ee
          link
          fedilink
          arrow-up
          2
          ·
          10 months ago

          I’m calling BS on that. You would have had to have a $20,000 return at 5% interest to get $1,000 in interest.