Brad probably screwed up by reading the wrong tax amount off of the tax table at the back of the booklet and actually owes the IRS money. This error could have also occurred if Brad subtracted line 7 from line 8 instead of vice-versa. Since this is 1994 he will find out in a month or 2 when he opens the letter in the mail from the IRS expecting his refund check and he will blow his stack over owing “them” money as well as a penalty and interest.
Kind of figured it would go this way; unlikely that a high school kid with a part-time job would make enough to be liable for paying income tax. The main reason for filing a return at that age is to get your refund.
Tyge Premium Member about 2 years ago
Some day it will dawn on you that your refund is your own money.
Caldonia about 2 years ago
A whole dollar!
TampaFanatic1 about 2 years ago
Brad probably screwed up by reading the wrong tax amount off of the tax table at the back of the booklet and actually owes the IRS money. This error could have also occurred if Brad subtracted line 7 from line 8 instead of vice-versa. Since this is 1994 he will find out in a month or 2 when he opens the letter in the mail from the IRS expecting his refund check and he will blow his stack over owing “them” money as well as a penalty and interest.
Mordock999 Premium Member about 2 years ago
Huh.
Wait until the day you have to fill in “The amount you OWE,” line.
paullp Premium Member about 2 years ago
Kind of figured it would go this way; unlikely that a high school kid with a part-time job would make enough to be liable for paying income tax. The main reason for filing a return at that age is to get your refund.