Started By
Message

re: Tax return doubled this year!

Posted on 2/3/23 at 11:05 am to
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:05 am to
quote:

That means you make $1 million per year.


No it doesn’t, he’s prob in the 40-80k bracket at 22%.

Posted by HoustonGumbeauxGuy
Member since Jul 2011
29759 posts
Posted on 2/3/23 at 11:06 am to
Not everyone is an assistant manager at a fireworks stand

Posted by cheobode
Member since Dec 2017
1182 posts
Posted on 2/3/23 at 11:11 am to
quote:

No it doesn’t, he’s prob in the 40-80k bracket at 22%.


LINK

Which one is closer to $8K-12K?
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:14 am to
The 80k

I mean, are you fricking retarded?

Posted by cheobode
Member since Dec 2017
1182 posts
Posted on 2/3/23 at 11:14 am to
quote:

The 80k

I mean, are you fricking retarded?


Obviously.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:16 am to
I know this because the 24% bracket starts at 15k owed in taxes, so he’s in the 22% bracket.

And that’s taxable income obviously.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:19 am to
I think you are looking at the image totally wrong. Taxes owed on 1 mill is upward of 300k

How can you not see that?
Posted by Rize
Spring Texas
Member since Sep 2011
15903 posts
Posted on 2/3/23 at 11:19 am to
quote:

I know this because the 24% bracket starts at 15k owed in taxes, so he’s in the 22% bracket. And that’s taxable income obviously.


I meant I pay that on top of claiming zero and none all year. Taxes are taken out of my check weekly.
Posted by Jenious
Member since Apr 2020
422 posts
Posted on 2/3/23 at 11:19 am to
quote:

I know this


Chode boy did his math. Let see yours.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:21 am to



You see where it says total federal tax? That’s how much you owed the irs for the year.

It’s 10k rt between 8k and 12k

Posted by cheobode
Member since Dec 2017
1182 posts
Posted on 2/3/23 at 11:22 am to
quote:


How can you not see that?


Look at it again. It means he paid $300K in taxes and he owes an additional $10K. He said he claims single and zero so taxes are already taken out of his check.
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:22 am to
quote:

Chode boy did his math. Let see yours.


The dude fricking says he pays 8k-12k in taxes.

The math chode boy did shows this at 80k
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5150 posts
Posted on 2/3/23 at 11:23 am to
510k new jobs last month
Guess everyone going thru life a victim are on the poli board
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:24 am to
quote:

Look at it again. It means he paid $300K in taxes and he owes an additional $10K. He said he claims single and zero so taxes are already taken out of his check.



He didnt say that. He said he pays 8-12 in taxes. He has since clarified.

But hey, the rich don’t pay taxes.

This post was edited on 2/3/23 at 11:25 am
Posted by cheobode
Member since Dec 2017
1182 posts
Posted on 2/3/23 at 11:24 am to
quote:


The dude fricking says he pays 8k-12k in taxes.


An ADDITIONAL $8-12K.

Edit: All is well here.
This post was edited on 2/3/23 at 11:27 am
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69266 posts
Posted on 2/3/23 at 11:27 am to
quote:

An ADDITIONAL $8-12K.



I get that now. He still said I pay 8-12k a year. He didn’t say additional.

I just assumed his total tax bill ever year was around that much, which puts him in the 22% bracket.
Posted by Rize
Spring Texas
Member since Sep 2011
15903 posts
Posted on 2/3/23 at 11:29 am to
quote:

I get that now. He still said I pay 8-12k a year. He didn’t say additional. I just assumed his total tax bill ever year was around that much, which puts him in the 22% bracket.


I pay more than that in taxes Guess I should have clarified that was in addition to having taxes taken out.
This post was edited on 2/3/23 at 11:31 am
Posted by cheobode
Member since Dec 2017
1182 posts
Posted on 2/3/23 at 11:31 am to
quote:

I get that now. He still said I pay 8-12k a year. He didn’t say additional.


I see your side. I've done taxes for a living so when someones says they pay anything, I'm assuming that's what they pay at tax time, not throughout the year.
Posted by caro81
Member since Jul 2017
5050 posts
Posted on 2/3/23 at 11:33 am to
quote:

quote:

I claim zero and none but pay 8 to 12k per year.


That means you make $1 million per year.



no
Posted by cheobode
Member since Dec 2017
1182 posts
Posted on 2/3/23 at 11:34 am to
quote:

I pay more than that in taxes


You pay more in taxes in one year than most people make in a 5-10 year span.
first pageprev pagePage 5 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram