Just under 90 days. Is it possible to organize....?

[citood]

8. If that were true

If that were true...and it most certainly isn't...the federal government would be funded by gasoline vapors, voodoo, and quarterly payers for the entire year, plus 3.5 months, before it could allocate and spend any given year's tax revenue on that year's budget...and there would be a sudden deluge of funds available in April.

That is fantasy.

Ask yourself - why would the government withhold money each month, if 'a special procedure' prevented it from spending it right away? If that were true, the government would just require all of us to be quarterly filers...or even monthly.

I think what your 'people you know at the IRS' were trying to tell you is that they want all the easy returns (which usually get refunds) early, so they'll be better staffed to deal with the more complex returns which don't get a refund, and are usually filed on the last day.

But no, a vendor in Peoria who sold widgets to the government in June isn't waiting with baited breath for Sally Sue in Sarasota to file her return to unlock her entire year's withholding six months later, before he gets paid...because of a 'special procedure'.

Every dollar collected in taxes means one less dollar borrowed...and since we operate on deficits, that means the government has already spent my withholding by the time I see my pay stub...likely spent within minutes off hitting the general fund.