this post was submitted on 02 Feb 2024
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Lemmy Shitpost

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[–] [email protected] 16 points 7 months ago (1 children)

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.

[–] [email protected] 3 points 7 months ago (1 children)

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.

[–] [email protected] 2 points 7 months ago* (last edited 7 months ago) (2 children)

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

[–] [email protected] 2 points 7 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.