Arnoldbucks!
By Josh Richman
Thursday, January 29th, 2009 at 4:01 pm in Arnold Schwarzenegger.
The grassroots progressive Democratic Courage Campaign is launching a new effort to call attention to California’s fiscal crisis and impending cash outage, which could have you — yes, you — getting IOUs in the mail next month instead of financial aid checks or tax refunds:
Chuckle-worthy, right down to the serial number. I’m guessing this isn’t the way Schwarzenegger might’ve dreamed of seeing his face on currency…
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January 29th, 2009 at 4:47 pm
The refund thing shouldn’t be such a big deal. Just apply the amount overpaid to 2009 taxes and reduce your withholding or estimated tax payments accordingly. Then, you don’t have to wait for anything.
January 29th, 2009 at 7:10 pm
John W is right! Roll you 2008 State Tax Refund towards your 2009 income tax with-holding, then file a new DE-4 with your employer stating that you have 99 exemptions, meaning no State income tax will be withheld from your paycheck in all of 2009
Of course, you could always take the State IOU and pay your federal income taxes with it
(not sure the IRS will appreciate it, however.)