Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site mmm.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxn!ihnp4!mmm!mrgofor From: mrgofor@mmm.UUCP (MKR) Newsgroups: net.taxes Subject: Re: Not filing, overpayment, and refunds Message-ID: <554@mmm.UUCP> Date: Sun, 23-Feb-86 13:21:22 EST Article-I.D.: mmm.554 Posted: Sun Feb 23 13:21:22 1986 Date-Received: Fri, 28-Feb-86 06:29:07 EST References: <662@decwrl.DEC.COM> <1082@lsuc.UUCP> <1005@psivax.UUCP> <1707@bbncc5.UUCP> <513@mmm.UUCP> <3272@umcp-cs.UUCP> Reply-To: mrgofor@mmm.UUCP (MKR) Organization: none Lines: 27 Summary: In article <3272@umcp-cs.UUCP> chris@umcp-cs.UUCP writes: >In article <513@mmm.UUCP> mrgofor@mmm.UUCP writes: > >>I know a guy who, for a seven year period, decided that he didn't >>have to file a return. He figured that the IRS was withholding > >I have one point to make in response: Part of what you pay with >income tax is `potential money': your time. How much is your time >worth? > >Ignoring the question of whether it is mandatory to file---is it >perhaps cheaper not to file, though if you did you might get as >much as a few hundred dollars back? > >(Of course, the answer depends on how you value your time. And >perhaps your health as well [eyestrain, nervous tension, and all >that bad stuff while filling out 1040 forms]. ---And it is also >important not to ignore that primary question after all.) That's true - but everybody's "time" is not as valuable as ours (we being high-paid professional types of guys :-)) In this guy's case, if time is money, he'd have to PAY to sit on a park bench. :-) -- --MKR When you ain't got nothin' you got nothin' to lose. - Dylan