I start school on Jan 14th - which is when tuition and fees are due. I'm in the military, but because of my choice of university I'm deciding to attend - they will not pay my tuition up front. I first have to pay for the semester and then they reimburse me. The problem is: I will not have that amount of money up front. I was hoping my tax refund will help me out. So how soon can I file my taxes to have that money available to me?
2007-08-08 19:36:28 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
I doubt that you will have your money by Jan 14. Electronic filing of your tax return will most likely not be available by that time, and sending in a paper return will probably take couple of weeks to process it and the refund.
2007-08-09 01:54:09 · answer #1 · answered by Anonymous · 1⤊ 0⤋
After the first of the year.
If you are expecting a large refund you should adjust your withholding allowances to reduce the amount of that refund and increase your take-home pay and put the extra $$$ into savings. That way you'll have the money on hand before you file and can pay your tuition up front without difficulty.
2007-08-09 09:49:16 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋