Saturday, April 23, 2011

Not all tax news is bad...

Posted By on Sat, Apr 23, 2011 at 8:48 AM


Late last week, on April 14 to be exact, I finally was able to file our taxes after receiving a certain form that always arrives at the last minute.

Anyway, the bottom line was owing a balance of a little more than $500 to the Internal Revenue Service for my federal return, but with a state refund that would make up a good chunk of that.

The IRS, of course, grabbed that payment from our checking account immediately, as always. But I assumed, given how late I filed, that the state refund would take weeks to process, if not months.

So you can imagine the surprise and shock when, upon checking my bank account online early today (Saturday), there was a direct deposit from the Colorado Department of Revenue, which had come in sometime Friday. I checked, and there it was, just as submitted only eight days earlier, our state tax refund of precisely $397.

This has to be some kind of record. Has anyone else had similar luck with state tax refunds this year?

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