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How are the results of your tax returns coming along?
Posted on 4/9/24 at 7:17 am
Posted on 4/9/24 at 7:17 am
Money owed about what your expected?
Any of you self employed?
Run a business?
Any of you self employed?
Run a business?
Posted on 4/9/24 at 7:20 am to ApexTiger
Self employed.........still waiting on CPA.........usually owe a ton ( more than my salary) ( damn pass thru taxes)
This post was edited on 4/9/24 at 7:21 am
Posted on 4/9/24 at 7:20 am to ApexTiger
Owed about $2500.
Pretty pissed about it.
Wasn’t expecting a refund but did think it was going to be in the 500-1000 range.
Pretty pissed about it.
Wasn’t expecting a refund but did think it was going to be in the 500-1000 range.
Posted on 4/9/24 at 7:20 am to ApexTiger
ours is basically the same every year. we either have to pay less than $100 or we get back less then $100.
Posted on 4/9/24 at 7:22 am to ApexTiger
Got a small refund. I know that means that my withholdings were correct throughout the year but when I see how much I paid and think about how much easier my life would be if I had that money I get pissed AF. I'd feel a little bit better about it if I thought it were being used responsibly but just a little bit.
Posted on 4/9/24 at 7:23 am to ApexTiger
Went ok. Owed about $100 to feds and refund of same from state. I try to make it so it’s even or in this range owed vs a “refund” of my money or a surprise of owing several thousand.
Posted on 4/9/24 at 7:23 am to Yaboylsu63
quote:
Owed about $2500.
About the same but I expected it.
Posted on 4/9/24 at 7:29 am to ApexTiger
We pay estimated taxes and I track things through the year to try to be as close to $0 as possible.
This year, we owed $48....closest I've ever been.
This year, we owed $48....closest I've ever been.
Posted on 4/9/24 at 7:32 am to ApexTiger
I didn't work for most of the year so I actually got some back. I paid plenty the year before though.
Posted on 4/9/24 at 7:35 am to ApexTiger
Self employed.
Run a few small businesses.
Getting a bit back, adjusting withholdings on my payroll to give the government less during the year of my money. Would rather owe them a little bit so they haven't had my money interest free during the year.
Run a few small businesses.
Getting a bit back, adjusting withholdings on my payroll to give the government less during the year of my money. Would rather owe them a little bit so they haven't had my money interest free during the year.
Posted on 4/9/24 at 7:38 am to ApexTiger
Got mine back from the accountant yesterday. Only owe $277 on personal this year
. I owed $7k last year. My new accountant doing work.

Posted on 4/9/24 at 7:42 am to ApexTiger
Owed $185 to Feds; got $135 back from state. About as close to breaking even as we could hope.
Anticipating our 2024 returns to be more of a mess between income changes & having an out of state employer.
Anticipating our 2024 returns to be more of a mess between income changes & having an out of state employer.
Posted on 4/9/24 at 7:43 am to Loup
quote:
know that means that my withholdings were correct throughout the year but when I see how much I paid and think about how much easier my life would be if I had that money I get pissed AF.
The world would be a better place if withholdings were not a thing and we all had to write gigantic checks in April. Taxes and rampant government spending would get fixed with a quickness
Posted on 4/9/24 at 7:44 am to ApexTiger
Got back around 4.5k but owe the state $500. I always end up paying and this is the 1st year I’ll get a refund in about 10 years.
Posted on 4/9/24 at 7:46 am to ApexTiger
As always I’m waiting on my CPA to let me know at the 11th hour.
I’m just hopeful I’ll be close (+/-), I know I won’t be getting much back best case.
I’m just hopeful I’ll be close (+/-), I know I won’t be getting much back best case.
Posted on 4/9/24 at 7:49 am to ApexTiger
I already got my money back.
Posted on 4/9/24 at 7:53 am to BottomlandBrew
quote:
I owed $7k last year. My new accountant doing work.
that part is amazing isn't it?
you could give 10 accountants the same information, and you might get 10 different results back...
our tax code is stupid
My son is upset he owes 1082.00...
he is a student who did door dash and moving type work, earned about 7400 dollars...he is 1099
he didn't pay taxes yet...still the 1082 was a lot more than he expected
CPA said it had to do with "self employment taxes"... plus NC has state income taxes...
tough lessons
Posted on 4/9/24 at 7:57 am to ApexTiger
Getting back about $1500. Got back $1000 last year and made adjustments to get that number close to zero, but had a kid so I guess we didn’t adjust enough.
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