It\’s that time of year again!

I keep seeing cheeky meme\’s such as this on social media:

I hate to disappoint you, but that\’s not how it works…

In order to actually get a tax return, you need to pay income tax.

Feel free to read more about how income tax works here.

I just did my taxes for 2015 and you want to know how much i\’m getting back?

ZERO.

In spite of having limited income, being a student (with almost 3 grand in tuition costs), buying bus passes, donating to charity and more, I get nothing.
Because I didn\’t pay that much into income tax or anything that is considered a write off last year to generate a refund.
So no being poor AF or being a student doesn\’t automatically generate some sort of huge windfall during tax time.
In fact, you get nothing.
Just in case you weren\’t aware. You are now.

You\’re welcome.