It's TAX Season: Post your BIG TAX Cuts here

[dmcowen674]

Like the Title says lets see those BIG Tax cuts.

 

[glugglug]

No FICA on the last 2 checks because it hit the limit for the year. So in a screwy sort of way by getting a raise my tax rate is lower.

 

[Zebo]

The average tax RAISE for each tax return is $4135.

 

[charrison]

Originally posted by: Zebo
The average tax RAISE for each tax return is $4135.

Odd, mine went down last year and I expect them to go down again.

 

[Zebo]

Originally posted by: charrison

Originally posted by: Zebo
The average tax RAISE for each tax return is $4135.

Odd, mine went down last year and I expect them to go down again.

Well thats called a ballon payment plan, just wait.

 

[CADsortaGUY]

Originally posted by: charrison

Originally posted by: Zebo
The average tax RAISE for each tax return is $4135.

Odd, mine went down last year and I expect them to go down again.

Mine will less this yeah I have done my taxes using tenative numbers and I should see a substantial decrease in tax liability and also tax amount paid throughout the year due to the lower withholding to make it retroactive to the first of last year.

All in all I should see pretty decent decrease in taxes if my preliminary numbers are close to the real numbers. Too bad my employer is pretty slow on getting them out. I'll post real figures when i do them for real and file them.

CkG

 

[charrison]

Originally posted by: Zebo

Originally posted by: charrison

Originally posted by: Zebo
The average tax RAISE for each tax return is $4135.

Odd, mine went down last year and I expect them to go down again.

Well thats called a ballon payment plan, just wait.

How long will I need to wait?

 

[LunarRay]

Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

 

[Bowfinger]

Originally posted by: LunarRay
Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

George didn't send us a check. Apparently it gets phased out at a certain point.

 

[dmcowen674]

Originally posted by: Bowfinger

Originally posted by: LunarRay
Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

George didn't send us a check. Apparently it gets phased out at a certain point.

Didn't get one here either.

 

[alchemize]

And it requires you have children, not behave like one

I suspect I won't notice much of a difference cause I bumped my exemptions up a lot.

 

[LunarRay]

Originally posted by: Bowfinger

Originally posted by: LunarRay
Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

George didn't send us a check. Apparently it gets phased out at a certain point.

It phased in and out.. I suppose if yours phased out you didn't need it... I did! and spent it like a good citizen..

 

[Bowfinger]

Originally posted by: LunarRay

Originally posted by: Bowfinger

Originally posted by: LunarRay
Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

George didn't send us a check. Apparently it gets phased out at a certain point.

It phased in and out.. I suppose if yours phased out you didn't need it... I did! and spent it like a good citizen..

But, but, but ... I wanted to be a good citizen too.

 

[charrison]

Originally posted by: Bowfinger

Originally posted by: LunarRay

Originally posted by: Bowfinger

Originally posted by: LunarRay
Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

George didn't send us a check. Apparently it gets phased out at a certain point.

It phased in and out.. I suppose if yours phased out you didn't need it... I did! and spent it like a good citizen..

But, but, but ... I wanted to be a good citizen too.

Have another kid under the age of 17.

 

[Bowfinger]

Originally posted by: charrison

Originally posted by: Bowfinger

Originally posted by: LunarRay

Originally posted by: Bowfinger

Originally posted by: LunarRay
Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

George didn't send us a check. Apparently it gets phased out at a certain point.

It phased in and out.. I suppose if yours phased out you didn't need it... I did! and spent it like a good citizen..

But, but, but ... I wanted to be a good citizen too.

Have another kid under the age of 17.

I've got two (or I did, one turned 18 in 2003). I don't think I could take another one, the $400 wouldn't be worth it.

 

[dirtboy]

I forgot to pay my Soc Sec all year, so no refund for me.

 

[LunarRay]

Originally posted by: Bowfinger

Originally posted by: LunarRay

Originally posted by: Bowfinger

Originally posted by: LunarRay
Don't forget that $400 per child check you received this summer was an advance on the $1000 child tax credit.. you already got it.. well most of you did..

George didn't send us a check. Apparently it gets phased out at a certain point.

It phased in and out.. I suppose if yours phased out you didn't need it... I did! and spent it like a good citizen..

But, but, but ... I wanted to be a good citizen too.

You were.. you provided that $400 that I spent.. you and CAD that is.. and I thank you... in fact, I toasted to you folks who enable us folks to enjoy your earnings. (I'm sorry I couldn't help it.. )

 

[Ferocious]

The Bush Tax

 

[etech]

Dave, you actually have to have a job, make money and pay taxes to see a tax cut.

Try again.

 

[Red Dawn]

Originally posted by: etech
Dave, you actually have to have a job, make money and pay taxes to see a tax cut.

Try again.

LOL, who'd hire him?