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Who owes taxes this year and is waiting to file?
Posted on 2/18/25 at 8:38 am
Posted on 2/18/25 at 8:38 am
Worked mine up on TurboTax earlier and it looks like I owe $1800 this year, about $1100 more than I owed last year.
Should I wait to see if Trump is going to do away with Federal income taxes or what?
Anyone else waiting to file to see what happens?
Should I wait to see if Trump is going to do away with Federal income taxes or what?
Anyone else waiting to file to see what happens?
51
Posted on 2/18/25 at 8:41 am to NatalbanyTigerFan
Posted on 2/18/25 at 8:41 am to NatalbanyTigerFan
I met with our accountant this past weekend and I owe a little over $30K.
My accountant will file on April 15th and not a second sooner.
My accountant will file on April 15th and not a second sooner.
Posted on 2/18/25 at 8:42 am to NatalbanyTigerFan
I always file at the deadline because I always owe and I want use of this money as long as possible. I’m looking at cutting my biggest check ever.
Posted on 2/18/25 at 8:42 am to NatalbanyTigerFan
I owe…a shite ton. Like $35k. Waiting to file too to see what happens.
Posted on 2/18/25 at 8:43 am to UptownJoeBrown
The whole damn ‘working folk’ nation should file an extension
Posted on 2/18/25 at 8:43 am to UptownJoeBrown
immigrant families thank you for your donations
Posted on 2/18/25 at 8:43 am to NatalbanyTigerFan
quote:
Worked mine up on TurboTax earlier and it looks like I owe $1800 this year, about $1100 more than I owed last year.
Should I wait to see if Trump is going to do away with Federal income taxes or what?
Anyone else waiting to file to see what happens?
You're aware that you will still owe last years taxes, right?
Posted on 2/18/25 at 8:43 am to NatalbanyTigerFan
quote:
Should I wait to see if Trump is going to do away with Federal income taxes or what?
Is it even possible that it would be a possibility for this year?
Posted on 2/18/25 at 8:44 am to NatalbanyTigerFan
We shouldn't owe anything. Those crooked pieces of shite in DC owe us a lot of money back.
Latest is an unaccounted for $3.7 TRILLION. I can't believe people aren't more pissed about this.
Latest is an unaccounted for $3.7 TRILLION. I can't believe people aren't more pissed about this.
Posted on 2/18/25 at 8:47 am to NatalbanyTigerFan
The wife and I do a lot of 1099 work. We always owe, but we set it up with quarterly payments so our end of the year check is pretty small. We send our check in as close to midnight on 4/15 as humanly possible.
Posted on 2/18/25 at 8:47 am to NatalbanyTigerFan
I owe quite a bit. I’ll file 4/15
Posted on 2/18/25 at 8:48 am to NatalbanyTigerFan
I owe this year because I failed to realize the child tax credit drops $1,500 when the child turns 17. So instead of being just about spot on, I owe $1,000. I’m waiting not for any changes, but because I’m so pissed about what DOGE is finding that I’ll send my money in at the last possible moment.
Posted on 2/18/25 at 8:51 am to NatalbanyTigerFan
Owe alot due to mandatory draw down of an inherited IRA. If I had my choice I would not withdraw from this IRA until I retire. 35K in taxes just from the withdrawal. Plenty more in taxes from interest and dividends on other accounts. Basically my total taxes paid for property and federal income tax and SSI /Medicare would provide a decent living for a single person. Taxation is theft.
Posted on 2/18/25 at 8:52 am to NatalbanyTigerFan
quote:
Should I wait to see if Trump is going to do away with Federal income taxes or what?
I hate to tell you this, but that’s probably never going to happen. Even if it does, it’s not happening before April 15th of this year.
Posted on 2/18/25 at 8:53 am to Green Chili Tiger
quote:Some of you need to look into that "additional withholding" box.
I owe a little over $30K
Posted on 2/18/25 at 8:54 am to NatalbanyTigerFan
quote:
Should I wait to see if Trump is going to do away with Federal income taxes or what?
Anyone else waiting to file to see what happens?
Yes.
You should absolutely wait until EOB April 15 to see if President Trump can eliminate the Federal Income Tax.
In fact, you shouldn’t even waste time right now gathering up the information.
This post was edited on 2/18/25 at 8:56 am
Posted on 2/18/25 at 8:54 am to NatalbanyTigerFan
I owe a shite ton this year and I’m mostly w2. Tough scene, but I knew it was coming. I’ll go ahead and eat my shite sandwich once’s I get my last 1099s from brokerage, savings account, etc.
Posted on 2/18/25 at 8:56 am to FearTheFish
quote:
Some of you need to look into that "additional withholding" box
Probably 1099 or self employed. No withholding
Posted on 2/18/25 at 8:56 am to FearTheFish
quote:
Some of you need to look into that "additional withholding" box.
frick all that. I can use that money all year long to earn interest or investment income and just write a check once a year. I'm not interested in giving the government an interest free loan all year.
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