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baseballcrank's profile
Dan McLaughlin
Dan McLaughlin
Dan McLaughlin
Verified account
@baseballcrank

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Dan McLaughlinVerified account

@baseballcrank

Senior Writer @NRO. Reaganite, Catholic, Mets fan, ex-lawyer. Opinions 100% my own, but you can share them. Not the Cardinals broadcaster.

New York
nationalreview.com/author/dan-mcl…
Joined May 2009

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    1. Dan McLaughlin‏Verified account @baseballcrank Feb 21

      Got my taxes done. First, modest refund in five years. Ideally, you want to neither get a refund (which means you lent the govt $ at zero interest) nor owe money (which throws off planning). But if you're close to the pin either way, you're OK.

      10 replies 6 retweets 107 likes
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      Dan McLaughlin‏Verified account @baseballcrank Feb 21

      Planning to make a big tax payment in April makes sense if you're a large-scale enterprise where financing costs matter. But not worth the effort for an ordinary workaday taxpayer.

      7:12 PM - 21 Feb 2021
      • 21 Likes
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      8 replies 0 retweets 21 likes
        1. HafeedAleppo‏ @HafeedAleppo Feb 21
          Replying to @baseballcrank

          There are also the penalties to worry about if you are off by too much.

          0 replies 0 retweets 0 likes
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        1. tedfrank  💉‏Verified account @tedfrank Feb 21
          Replying to @baseballcrank

          Usually penalties if you didn’t withhold enough.

          0 replies 0 retweets 0 likes
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        1. MK‏ @MattKnudson1 Feb 21
          Replying to @baseballcrank

          Have always made it a point to write a check to the IRS rather than have them send one to me. Not to much as we don't want penalties, but still, I write the check to them.

          0 replies 0 retweets 1 like
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        1. sam spade‏ @debitdoctor Feb 21
          Replying to @baseballcrank

          Disagree. You want to owe the most tax possible from prior year w/o triggering under-withholding penalty.

          0 replies 0 retweets 1 like
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        1. Bill Donnelly‏ @wildbillnj1975 Feb 21
          Replying to @baseballcrank

          As usual, my three-digit bill owed to the state neary offsets the three-digit refund from IRS. I'm netting $84.10. #NailedIt

          0 replies 0 retweets 0 likes
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        1. chris sullivan‏ @navillus126 Feb 21
          Replying to @baseballcrank

          After the Trump tax cuts passed, many people had smaller refunds. This fact led lots of morons to think they paid higher taxes under the new code, when truth was they overpaid less taxes during the year. As if refund size is linked to the taxes paid. They let these people vote!

          0 replies 0 retweets 0 likes
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