Personal Finance

Will the money i owe be deducted from return?

  • Last Updated:
  • Feb 28th, 2018 2:49 am
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[OP]
Banned
Dec 2, 2017
6 posts
BC

Will the money i owe be deducted from return?

i owe $970 but i was wondering will it be automatically deducted from my tax refund?
Last edited by youngdreamsz on Feb 28th, 2018 7:17 am, edited 2 times in total.
5 replies
Deal Addict
Jan 16, 2016
1464 posts
1123 upvotes
Hamilton, ON
How is it bs that you owe money because of YOUR wrong calculations? Hope you got interest charges too.
Banned
Oct 10, 2016
758 posts
333 upvotes
youngdreamsz wrote: i owe $970 because my deductions were calculated wrong last year.. bs.. lol but i was wondering will it be automatically deducted from the refund?
You'll pay interest
Deal Addict
User avatar
Mar 9, 2012
3562 posts
2225 upvotes
Kitchener
Probably because the question almost seems impossible for someone to ask?

Correct answer, the government keeps a running ledger on all taxpayers...it needs to be $0.
Last edited by Redmask on Feb 28th, 2018 2:49 am, edited 1 time in total.
Reason: Removed quoted portions from your post.
Why can't we all just get along?

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