| Posted by | Message |
Batdawg  Georgia Fan Member since Dec 2012 360 posts

| my tax return sucks (Posted on 2/4/13 at 2:47 pm)
I'm getting $1500 back federal and $150 back on state. I made $40,000, no kids, I rent, filed zero. Wtf. Is it just this shitty tax bracket or what?
This post was edited on 2/5 at 5:37 pm
|
| Back to top | Share on  |
I Love Bama  Alabama Fan Alabama Member since Nov 2007 27159 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 2:50 pm to Batdawg)
I don't understand.
|
| Back to top | |
Ace Midnight  LSU Fan Ball, LA - Home, Sweet Home Member since Dec 2006 14892 posts

| re: my tax return sucks (Posted on 2/4/13 at 2:50 pm to Batdawg)
quote:
my rax return sucks
Calm down, Scoob.
|
| Back to top | |
Janky  LSU Fan Team Primo Member since Jun 2011 2523 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 2:52 pm to Ace Midnight)
Sounds to me like you are having too much withheld. The goal would be to get zero back and owe nothing.
|
| Back to top | |
Crimsonsaint24  Alabama Fan Alabama Member since Jul 2011 456 posts

| re: my tax return sucks (Posted on 2/4/13 at 2:54 pm to Ace Midnight)

|
| Back to top | |
Lsut81  LSU Fan Member since Jun 2005 54976 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 2:59 pm to Batdawg)
quote:
I'm getting $1500 back federal and $150 back on state. I made $40,000, no kids, I rent, filed zero. Wtf. Is it just this shitty tax bracket or what?

|
| Back to top | |
Vols&Shaft83  Tennessee Fan Member since Dec 2012 3286 posts

| re: my tax return sucks (Posted on 2/4/13 at 3:01 pm to Batdawg)
Oh, you got a return? Quit being a pussy
|
| Back to top | |
TDsngumbo  LSU Fan Member since Oct 2011 2052 posts

| re: my tax return sucks (Posted on 2/4/13 at 3:34 pm to Batdawg)
Return?? HA! Be happy you're getting something back.
|
| Back to top | |
Powerman  LSU Fan Corpus Christi, TX Member since Jan 2004 115748 posts

| re: my tax return sucks (Posted on 2/4/13 at 3:36 pm to Batdawg)
quote:
I'm getting $1500 back federal and $150 back on state.
How much are you really expecting to get back on that income?
|
| Back to top | |
Lsut81  LSU Fan Member since Jun 2005 54976 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 3:38 pm to Powerman)
quote:
How much are you really expecting to get back on that income?
No shit, with no itemized deductions, that sounds about right
|
| Back to top | |
BACONisMEATcandy  LSU Fan My opinions are my own Member since Dec 2007 37678 posts

| re: my tax return sucks (Posted on 2/4/13 at 3:52 pm to Batdawg)
So how much in taxes did you pay? If you witheld at 5 I don't really feel sorry for you.
|
| Back to top | |
Teddy Ruxpin  LSU Fan New Orleans, LA Member since Oct 2006 12384 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 3:59 pm to Janky)
quote:
Sounds to me like you are having too much withheld. The goal would be to get zero back and owe nothing.
Yuuup. My tax return this year is huge. My first year on the job so I let it ride and have already corrected it for next year so I can get it around zero. What's great is I got used to that "smaller" paycheck, and have effectively replaced the "added" money from changing my return by being newly eligible for 401K and started an HSA, so I am even with last year.
|
| Back to top | |
GoCrazyAuburn  Auburn Fan Member since Feb 2010 9089 posts

| re: my tax return sucks (Posted on 2/4/13 at 4:15 pm to Batdawg)
Why do you want a big tax return? All that means is you loaned the government your money at basically 0 interest. So, I guess, congratulations on not giving the gov't as much of your hard earned money up front this year Still room for improvement though.
This post was edited on 2/4 at 4:16 pm
|
| Back to top | |
Batdawg  Georgia Fan Member since Dec 2012 360 posts

| re: my tax return sucks (Posted on 2/4/13 at 4:22 pm to GoCrazyAuburn)
I paid like $5000 something in taxes to federal, somewhere around that throughout the year and $2000 to state. Got $1500 back from federal and $150 from state. Sound about right?
|
| Back to top | |
Lsut81  LSU Fan Member since Jun 2005 54976 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 4:30 pm to Batdawg)
quote:
I paid like $5000 something in taxes to federal
Does that include SS and medicare/medicaid?
|
| Back to top | |
Batdawg  Georgia Fan Member since Dec 2012 360 posts

| re: my tax return sucks (Posted on 2/4/13 at 4:40 pm to Lsut81)
No.
|
| Back to top | |
Croacka UNLV Fan Denham Sprangs Member since Dec 2008 37778 posts

| re: my tax return sucks (Posted on 2/4/13 at 4:52 pm to Ace Midnight)
quote:
Calm down, Scoob

|
| Back to top | |
Lsut81  LSU Fan Member since Jun 2005 54976 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 4:53 pm to Batdawg)
quote:
No.
Sucks to be you... My illegitimate children thank you for your contribution
|
| Back to top | |
LSUSUPERSTAR  LSU Fan Arlington, TX Member since Jan 2005 8714 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 5:20 pm to Batdawg)
No one is going to feel sorry for you when you are getting money back. Most on here still have to pay in more including me. It just sucks. I had to make an adjustment to pay an additional amount each week to try to break even next tax season. I hate the tax man.
|
| Back to top | |
foshizzle  LSU Fan Member since Mar 2008 25146 posts
Online

| re: my tax return sucks (Posted on 2/4/13 at 6:13 pm to Batdawg)
quote:
I paid like $5000 something in taxes to federal, somewhere around that throughout the year and $2000 to state. Got $1500 back from federal and $150 from state. Sound about right?
No. It sounds like you should have paid about $3500 federal and $1500 to state.
|
| Back to top | |