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re: "I owe taxes" non poors check in here
Posted on 4/15/19 at 12:29 pm to mmmmmbeeer
Posted on 4/15/19 at 12:29 pm to mmmmmbeeer
quote:
If you go to a store and see a $100 item on sale for $5 off and a $500 item on sale for $10 off, do you assume the $10 off is the better deal just because it's a higher dollar amount?
Use your fricking brain and learn percentages, idiot.
Do you believe in wholesale versus retail?
Do you believe in bulk discounts?
Shouldn't it be the same for paying taxes?
Posted on 4/15/19 at 12:29 pm to Jim Rockford
since i was a relative poor last year my check isn't too bad
writing that $30k one a couple years back hurt my soul
writing that $30k one a couple years back hurt my soul
Posted on 4/15/19 at 12:29 pm to Jim Rockford
Yep...it sucks man.
frick taxes..
frick taxes..
Posted on 4/15/19 at 12:34 pm to Jim Rockford
Lol, idiot. Get a friend who is not a complete moron to help you fix your withholdings.
Posted on 4/15/19 at 12:37 pm to TH03
quote:
Owing doesn't make you rich.
exactly, just means one of 2 things: either he is self employed and has to "pay out" at the end of the year because he has to do the witholdings himself OR he didn't set his witholdings properly when he started at his job.
End of story....it literally means nothing else.
Posted on 4/15/19 at 12:38 pm to Jim Rockford
I’ve never had to pay when filing. Thank you oppressive student loans!
Posted on 4/15/19 at 12:44 pm to Jim Rockford
Self employed... so I pay quarterly. It was a great year so my taxes are heartbreaking.
Posted on 4/15/19 at 12:48 pm to TH03
quote:
Owing doesn't make you rich.
No, but this year, due to changes in tax, a lot of people are ending up paying that didn’t last year from what I’ve been told.
Posted on 4/15/19 at 12:49 pm to Oilfieldbiology
quote:
Jesus Christ Greek!
How much in taxes did you pay during the year?
I believe it was 33k
I’d have to go back and look though. That may have just been Federal.
This post was edited on 4/15/19 at 12:50 pm
Posted on 4/15/19 at 12:54 pm to Ignignot
quote:
Owing doesn't make you rich.
quote:
exactly, just means one of 2 things: either he is self employed and has to "pay out" at the end of the year because he has to do the witholdings himself OR he didn't set his witholdings properly when he started at his job.
quote:
End of story....it literally means nothing else.
Lots of people like myself are retired and live off of income from investments, a large part of which are taxed as capital gains for which we receive 1099s, with no taxes withheld, but I suppose that could also be considered being self employed.
Posted on 4/15/19 at 1:16 pm to GeorgeTheGreek
nm
This post was edited on 4/15/19 at 1:20 pm
Posted on 4/15/19 at 1:28 pm to Mike da Tigah
I had to cut a ~5k check since I wasn't withholding enough. Single filing status but had 2 exemptions and don't own a home any longer so not itemizing. Oh well.
Posted on 4/15/19 at 1:31 pm to Jim Rockford
I’m getting a small refund. About $200. Just gonna throw that in my investment.
Posted on 4/15/19 at 1:32 pm to Jim Rockford
Owing doesn't mean anything other than you are too dumb to figure out what to pay quarterly.

Posted on 4/15/19 at 2:07 pm to Jim Rockford
quote:
"I owe taxes" non poors check in here by Jim Rockford
I make six figures and am getting a four figure refund (state and federal combined).
Posted on 4/15/19 at 2:14 pm to Jim Rockford
Unexpected dividend payout last year, so i had to write a check a little north of 300k. 1st world problems.
Posted on 4/15/19 at 11:19 pm to Epic Cajun
quote:
Was your tax liability more or less than last year? Not the amount that you had to pay when you filed, but your tax liability over the whole year.
Worse... I went from 17.7% effective tax rate to 20.4%. Two things though... #1 My SALT deduction was cut by 10K and #2 our AGI went up 100K over the year before.
Honestly... Had we moved with out the new tax plan I think my effective rate would have been about the same.
Posted on 4/15/19 at 11:24 pm to EA6B
My mother who is a retired corporate cpa was complaining about this as well and told me she owed north of $20k, when last year she only owed a few thousand. I’m ignorant when it comes to this stuff but I guess she did really well playing the stock market this year.
Posted on 4/15/19 at 11:25 pm to Bullfrog
quote:
Extension filed
The money you owe is still due by today
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