*POLL* Income tax refund?

[JC]

So how much are you getting back?

 

[HappyPuppy]

If you are getting money back, you don't know what you're doing.

 

[bozo1]

Paying about $8k.

 

[JC]

Originally posted by: bozo1
Paying about $8k.

Ouch.

 

[Geekbabe]

I haven't even begun to sift thru it all yet,hehehe the CPA will have a real party this year

 

[Tallgeese]

Originally posted by: HappyPuppy
If you are getting money back, you don't know what you're doing.

Amen.

 

[JC]

I'm enjoying writing off all my first year's mortgage interest

 

[bozo1]

Originally posted by: JC

Originally posted by: bozo1
Paying about $8k.

Ouch.

Well, let me take that back. I will owe about that. It will take me a loooooong time to pay it off.

 

[FrustratedUser]

$1100

I AM GOING TO BOOST THE ECONOMY!

 

[JC]

Originally posted by: HappyPuppy
If you are getting money back, you don't know what you're doing.

So, if you owe money, you know what you're doing?

 

[KK]

There's a penalty you gotta pay if you owe too much. Does anyone know how that works? Like at what dollar amount do you get penalized. I just changed my W4 to be married and 9 allowances. I figured this would put me exactly even on what I need to pay. I was at married with 2 allowances and that had me paying 300/month too much last year. I don't mind them keeping it for awhile as these hotdeals would bankrupt me if I had this money.

KK

 

[SuperTool]

Originally posted by: JC

Originally posted by: HappyPuppy
If you are getting money back, you don't know what you're doing.

So, if you owe money, you know what you're doing?

Yep. If you owe money, you had an interest free loan from the government for the whole year. If the government owes you, the government had an interest free loan from you for a whole year (actually 6 months on average). Sucker.
<-- Owes 2K.

 

[Hamburgerpimp]

Get yourself a good tax guy. They can do wonders.

 

[JC]

Originally posted by: SuperTool

Originally posted by: JC

Originally posted by: HappyPuppy
If you are getting money back, you don't know what you're doing.

So, if you owe money, you know what you're doing?

Yep. If you owe money, you had an interest free loan from the government for the whole year. If the government owes you, the government had an interest free loan from you for a whole year (actually 6 months on average). Sucker.
<-- Owes 2K.

Well it's nice that you have that $2000 on hand now....but as for me,

- I wouldn't have saved and/or invested that money, and wouldn't have it now
- Since this is my first year of home ownership, I had no idea how much I could write off

JC

 

[SuperTool]

Originally posted by: JC

Originally posted by: SuperTool

Originally posted by: JC

Originally posted by: HappyPuppy
If you are getting money back, you don't know what you're doing.

So, if you owe money, you know what you're doing?

Yep. If you owe money, you had an interest free loan from the government for the whole year. If the government owes you, the government had an interest free loan from you for a whole year (actually 6 months on average). Sucker.
<-- Owes 2K.

Well it's nice that you have that $2000 on hand now....but as for me,

- I wouldn't have saved and/or invested that money, and wouldn't have it now
- Since this is my first year of home ownership, I had no idea how much I could write off

JC

Too bad I am in Northern CA, with these insane housing prices. If I could get a house for about 250K or so, I would buy one in a second.

 

[JC]

Originally posted by: SuperTool
Too bad I am in Northern CA, with these insane housing prices. If I could get a house for about 250K or so, I would buy one in a second.

Hmm, you could barely buy one for $250k down here! :Q

 

[SuperTool]

Originally posted by: JC

Originally posted by: SuperTool
Too bad I am in Northern CA, with these insane housing prices. If I could get a house for about 250K or so, I would buy one in a second.

Hmm, you could barely buy one for $250k down here! :Q

Yeah, CA sucks. I hope there is a huge earthquake, and people get scared and start to leave, and I can pick up their house cheap

 

[JC]

Originally posted by: SuperTool

Originally posted by: JC

Originally posted by: SuperTool
Too bad I am in Northern CA, with these insane housing prices. If I could get a house for about 250K or so, I would buy one in a second.

Hmm, you could barely buy one for $250k down here! :Q

Yeah, CA sucks. I hope there is a huge earthquake, and people get scared and start to leave, and I can pick up their house cheap

You mean, what's left of their house?

 

[MichaelD]

"Screw you, I owe!!"

I have owed for the past 6 years now. I pay my taxes (and then some!) but hey; why give Uncle Sammy an interest-free loan? Take that money and invest it yourself, or pay bills with it, or heck, buy PC hardware with it.

 

[SuperTool]

Originally posted by: JC

Originally posted by: SuperTool

Originally posted by: JC

Originally posted by: SuperTool
Too bad I am in Northern CA, with these insane housing prices. If I could get a house for about 250K or so, I would buy one in a second.

Hmm, you could barely buy one for $250k down here! :Q

Yeah, CA sucks. I hope there is a huge earthquake, and people get scared and start to leave, and I can pick up their house cheap

You mean, what's left of their house?

Yes, just land is fine.

 

[T2T III]

Originally posted by: bozo1
Paying about $8k.

Does that include the penalties for under-witholding too?

 

[SuperTool]

Why does the Executive avatar not looks like an executive? Looks more like my plumber. Which executive is it based on again?

 

[bozo1]

Does that include the penalties for under-witholding too?

No penalty. Most of it was unemployment. Withholding taxes is optional and not the route most people take when they need to eat.

 

[Anubis]

last year i owed them 12$

im expecting like 500 back this year

 

[pillage2001]

Originally posted by: TheEvil1
last year i owed them 12$

im expecting like 500 back this year

12k?!?! wtfffffffffffffffffffffffffffffffffffffff.........