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Started By
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re: Tax board: official, how much you gettin back thread?
Posted on 1/28/16 at 1:00 pm to Displaced
Posted on 1/28/16 at 1:00 pm to Displaced
quote:
better than the -10% that it would have earned if i added it to my 401k.....
Ehh, so you're going to completely ignore the federal and state tax breaks you would have received in that calculation?
0
Posted on 1/28/16 at 1:02 pm to Evil Little Thing
quote:
Evil Little Thing
quote:
Got divorced
You did say that you were a woman, correct?
Posted on 1/28/16 at 1:02 pm to BoostAddict
quote:
I honestly believe if everyone had to this and not have it automatically withheld from paychecks, there would be some sort of revolt against these morons running the country.
Agreed.
Posted on 1/28/16 at 1:02 pm to BabyTac
Probably about $1300, which is good without spending too much time to get it closer to zero.
Posted on 1/28/16 at 1:04 pm to LSUSUPERSTAR
Will have to pay, quite a bit.
For those of you getting big refunds, you should adjust your witholding, you are basically giving an interest free loan to the gov.
For those of you getting big refunds, you should adjust your witholding, you are basically giving an interest free loan to the gov.
Posted on 1/28/16 at 1:05 pm to High C
quote:
With EIC and all my chirren, I'm getting back around $9000.
Well, I shouldn't say "getting back" since I never paid anything in.
i remember those days.
the first time i didn't qualify for EIC, i cried a little. was a moment of "i owe WHAT THE F&&&*^%? How did this happen?"
This post was edited on 1/28/16 at 1:08 pm
Posted on 1/28/16 at 1:06 pm to tylercsbn9
quote:
I adjusted my exemptions because this past year we added a kid and went to 1 income, but guess I didn't claim enough. My goal is to get nothing back. I'd rather have that money on my paycheck.
Bravo good sir. If you want to get it more accurate, try plugging your estimated taxable wages for 2016 into a simple tax calculator like this. Adjust for your filing status and exemptions and see what your estimated federal tax owed is going to be. Divide that by your paychecks per year and shoot for that withholding on each paycheck. If your HR website has a paycheck calculator it can help tremendously.
Prepare for the flurry of down votes that usually follow sound financial advice.
Posted on 1/28/16 at 1:06 pm to BabyTac
Probably about $3k. not gonna be the same next year because the wife got a job at the end of the year. Gonna bump us into the next bracket so I better enjoy it.
Posted on 1/28/16 at 1:06 pm to Displaced
quote:
better than the -10% that it would have earned if i added it to my 401k.....
but also 
for truth
Posted on 1/28/16 at 1:07 pm to slackster
quote:
Congratulations on the interest-free loan you gave the US government all year.
and at today's interest rate he lost out on about $17
Posted on 1/28/16 at 1:07 pm to BabyTac
taxes? who pays taxes?
Posted on 1/28/16 at 1:07 pm to BabyTac
quote:
Just did my taxes and got ~$2,000 headed my way.
that's your money you're getting back. it's not a bonus.
Posted on 1/28/16 at 1:10 pm to Skillet
got married in january and bought a house in october.
i have no clue what to expect from my taxes this year.
i have no clue what to expect from my taxes this year.
Posted on 1/28/16 at 1:12 pm to The Egg
Advice needed:
Should I file my own or take them to a professional (whether CPA or H&R block)?
Single. No dependents. $75k. Student loans out the arse.
TIA
Should I file my own or take them to a professional (whether CPA or H&R block)?
Single. No dependents. $75k. Student loans out the arse.
TIA
Posted on 1/28/16 at 1:12 pm to The Egg
First year paying back in.....frick the government.
This $700 check should be spent on blow and strange muff caverns before it should be in the hands of the IRS.
This $700 check should be spent on blow and strange muff caverns before it should be in the hands of the IRS.
Posted on 1/28/16 at 1:12 pm to High C
quote:
High C
Yes
Posted on 1/28/16 at 1:13 pm to BUGAtGOAT
file your own
any of the online software will do what you need
any of the online software will do what you need
Posted on 1/28/16 at 1:14 pm to BUGAtGOAT
Try turbotax. It's a breeze if your tax situation is fairly uncomplicated. It's thorough.
Posted on 1/28/16 at 1:15 pm to Evil Little Thing
I have gotten money back once in the last 5 years and that was the year I bought a Tahoe and had a kid (2012). Last year I went through an audit by the IRS for year 2012. fricking greedy bastards.
This post was edited on 1/28/16 at 1:16 pm
Posted on 1/28/16 at 1:15 pm to High C
quote:
High C
quote:
With EIC and all my chirren, I'm getting back around $9000. Well, I shouldn't say "getting back" since I never paid anything in.
EIC used to be nice, but then I look back and remember the only way I got the EIC is because I made "not so much" money.
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